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Live News EQUITY ARTICLE M impact

Westlife Posts Narrower Quarterly Loss for Second Quarter

Westlife Foodworld reported a loss before tax and exceptional items of 26.95 million rupees for the quarter ended September 30, versus a loss in the year-earlier period.

WESTLIFEMCD

Westlife Foodworld (NSE:WESTLIFE), which operates some McDonald's (NYSE:MCD) restaurants in India, reported a narrower quarterly loss on Friday. The franchisee recorded a loss before tax and exceptional items of 26.95 million rupees ($283900.87) for the second quarter ended September 30, compared with a loss of…