Hot Pursuit     09-Dec-21
Westlife Development CFO Pankaj Roongta resigns
Westlife Development on Wednesday announced that Pankaj Roongta has resigned from the position of the chief financial officer (CFO) of the company and of its subsidiary.
The company further said that the resignation has been accepted. Accordingly, he has ceased to be such CFO, with effect from 8 December 2021. Roongta was appointed as chief financial officer with effect from 4 May 2020.

Shares of Westlife Development were trading 1.23% higher at Rs 585.35 on BSE.

Westlife Development focuses on setting up and operating quick service restaurants (QSR) in India through its subsidiary Hardcastle Restaurants (HRPL). The company operates a chain of McDonald's restaurants in West and South India, having a master franchisee relationship with McDonald's Corporation USA, through the latter's Indian subsidiary.

On a consolidated basis, the company reported a net loss of Rs 4.42 crore in Q2 FY22 as compared to a net loss of Rs 32.54 crore posted in Q2 FY21. Net sales rose 84% to Rs 380.75 crore in Q2 FY22 over Q2 FY21.

Previous News
  Westlife Foodworld reports consolidated net profit of Rs 31.54 crore in the September 2022 quarter
 ( Results - Announcements 09-Nov-22   16:04 )
  Westlife Foodworld records PAT of Rs 31 crore in Q2 FY23; SSG at 40% YoY
 ( Hot Pursuit - 09-Nov-22   16:01 )
  Westlife Development appoints Akshay Jatia as executive director
 ( Hot Pursuit - 06-Jun-22   10:58 )
  Westlife Development appoints Akshay Jatia as Executive Director
 ( Corporate News - 06-Jun-22   10:28 )
  Westlife Foodworld to declare Quarterly Result
 ( Corporate News - 15-Jan-25   15:28 )
  Westlife Foodworld climbs after listing on NSE
 ( Hot Pursuit - 05-Jun-23   14:22 )
  Westlife Foodworld jumps as arm to pay 4.5% royalty to McDonalds
 ( Hot Pursuit - 31-Mar-23   13:40 )
  Westlife Development allots 6000 equity shares under ESOS
 ( Corporate News - 19-Mar-21   14:32 )
  Westlife Development director resigns
 ( Corporate News - 30-Jul-21   14:47 )
  Westlife Development reports standalone net loss of Rs 0.22 crore in the September 2018 quarter
 ( Results - Announcements 26-Oct-18   16:13 )
  Westlife Development consolidated net profit rises 550.41% in the September 2018 quarter
 ( Results - Announcements 26-Oct-18   16:14 )
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