Global InformationWestlife Foodworld information
 | |
| Company type | Public |
|---|---|
Traded as | BSE: 505533 NSE: WESTLIFE |
| ISIN | INE274F01020 |
| Industry | Restaurants |
| Founded | 30 October 1982 |
| Headquarters | Tower 3, Indiabulls Finance Center, Senapati Bapat Marg, Elphinstone Road, Mumbai, Maharashtra , India[1] |
Number of locations | 305 outlets[2] (October 2021) |
Areas served |
|
Key people | Amit Jatia (Chaiperson)[3] |
| Brands |
|
| Services | Master franchisee for McDonald's in western and southern India |
| Revenue |  ₹2,259 crore (US$280 million) (FY23)[4] |
Net income | ₹112 crore (US$14 million) (FY23)[4] |
| Owners |
|
Number of employees | 6,905[6] (FY18) |
| Subsidiaries | Hardcastle Restaurants Pvt. Ltd. |
| Website | www |
Westlife Foodworld Limited (formerly Westlife Development Limited)[7] is an Indian fast food restaurant holding company. Its wholly owned subsidiary Hardcastle Restaurants Pvt. Ltd. (HRPL) holds the master franchise for McDonald's in western India and South India.[8][9]
McDonald's Indian subsidiary, McDonald's India Private Ltd., acquired complete ownership of Connaught Plaza Restaurants Limited, its other Indian master franchisee, on 9 May 2019, ending a partnership established in 1995 and leaving Westlife Development as McDonald's only third-party master franchisee in India.[10]
- ^ "Contact Us". Westlife Development. Retrieved 19 April 2019.
- ^ Ambwani, Meenakshi Verma; Jayan, TV (13 October 2021). "Westlife Development to launch 200 McDonald's outlets in next five years". The Hindu Business Line. Retrieved 11 June 2022.
- ^ "Board of Directors". Westlife Development. Retrieved 19 April 2019.
- ^ a b "Westlife Development net profit grows 30.3% to Rs 20.3 cr in March quarter". Business Standard. Retrieved 7 November 2023.
- ^ Cite error: The named reference
Annual Report 2017-18was invoked but never defined (see the help page). - ^ "Investors". Westlife Development. Retrieved 19 April 2019.
- ^ "Westlife Development renamed Westlife Foodworld". mint. 4 November 2022. Retrieved 11 December 2022.
- ^ "McDonald's posts its first-ever profit in India after 22 years". Business Today. 26 December 2018. Retrieved 19 April 2019.
- ^ "Westlife Development Plans To Double McDonald's Store Count By 2022". BloombergQuint. 14 June 2018. Retrieved 19 April 2019.
- ^ Bhushan, Ratna. "McDonald's buys Vikram Bakshi's 50% stake in Connaught Plaza Restaurants". The Economic Times. Retrieved 12 March 2022.