BEML reduced net loss to 27.01 million rupees, and order inflow reached 1181 million rupees in the first quarter

Restaurant Brands Asia Limited (RBA), the operator of Burger King in India and Burger King with Popeyes in Indonesia, reported a consolidated net loss of 28.35 crore rupees for the first financial quarter of 2027. This figure is lower than the 42 crore rupees recorded during the same period last year.

The company's operating revenue increased by 18 percent, reaching 822.6 crore rupees for the quarter ending in June. The Same-Store Sales Growth (SSSG) for Burger King in India was 12.6 percent, which the company stated is the highest figure in the last 15 quarters.

RBA's number of outlets reached 752 after nine new restaurants were opened during the quarter. During the same period, Inspira Global, the fast-food brand owner including Chinese Wok, completed the acquisition of a controlling stake of 42 percent in the company.

As part of this deal, Inspira Global injected 1,050 crore rupees through the issuance of new equity and mandatory warrant shares. RBA specified that after the exercise of these warrants, Inspira Global will additionally invest 450 crore rupees, increasing its ownership stake to 48 percent.

Rajiv Varma, Permanent Director and CEO of Restaurant Brands Asia, noted that the first quarter of the 2027 fiscal year marked an important milestone on the path to sustainable and profitable growth in India. He emphasized that the company leveraged the positive momentum of the second half of last year to achieve strong growth in restaurant and operating profit.

Varma added that thanks to constant focus on values, menu innovations, digital capabilities, and disciplined execution, the company achieved the highest quarterly SSSG in the last 15 quarters. Furthermore, the Burger King business in Indonesia is showing improvement, accompanied by higher restaurant EBITDA.

Regarding Inspira Global, Varma stated that the new promoter possesses deep industry expertise and a good understanding of the foodservice business. The company is focused on enhancing operational efficiency, accelerating growth, and creating long-term value for shareholders.

Ather Energy Ltd, a manufacturer of electric two-wheelers, reported on Monday that its consolidated net losses for the June quarter decreased to 51.09 crore rupees, driven by strong sales figures.

In the same period last fiscal year, the company recorded consolidated net losses of 178.23 crore rupees, as stated in the company's regulatory filings.

In the first quarter, wholesale sales reached 83,173 units, significantly exceeding the 46,078 units from a year ago, demonstrating an 81 percent growth, according to data presented by the company at an investor presentation.

However, total expenses in the first quarter were higher at 1,310.74 crore rupees compared to 851.14 crore rupees for the same period a year earlier.

Commenting on the results, co-founder and CEO of Ather Energy, Tarun Mehta, noted that demand for the entire product portfolio remains high. He attributed this to structural positive factors stemming from both government support and changing consumer sentiment, which led to a sharp increase in demand that significantly outpaced supply.

Mehta added that such a situation instills confidence in the continued market expansion. He also expressed enthusiasm for a new product on the EL platform, production of which will begin concurrently with the scaling up of a new factory in AURIK (Maharashtra). These steps, in his opinion, position the company well for the next stage of Ather's growth.

Ather Energy announced that it will unveil the first production scooter on its brand new EL platform on August 29, 2026, during the Ather Community Day 2026 event.