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Westlife Foodworld, operator of McDonald's in West and South India, reported an 88.72% decline in net profit for the June 2024 quarter due to subdued in-store business and higher royalty costs....

Westlife Foodworld, owner of McDonald's restaurants in West and South India, reported a 96.2% decline in Q4 profit to Rs 76.35 lakh due to higher expenses. Total income rose to Rs 567.47 crore.