Hot Pursuit     05-Mar-24
Westlife Foodworld soars as FSSAI confirms real cheese in McDonald's India
Westlife Foodworld surged 6.36% to Rs 783 after the Food Safety and Standards Authority of India (FSSAI) verified that McDonald's India uses 100% real cheese.
McDonald's India received confirmation from the Food Safety and Standards Authority of India (FSSAI) that their products use 100% real cheese without any substitutes. FSSAI is the highest authority for food regulations and standards in India. The FSSAI explicitly stated that the products contain real cheese and not any dairy analogues. Independent testing from an accredited laboratory also affirmed the use of 100% real cheese. Following this clearance, McDonald’s India (W&S) will continue to use the term "cheese" in its product names, emphasizing its commitment to transparency and consumer trust.

Westlife Foodworld is an Indian company that operates McDonald's restaurants in Western and Southern India. They function as the master franchisee for this region through a subsidiary company named Hardcastle Restaurants Pvt. Ltd. (HRPL).

On a consolidated basis, net profit of Westlife Foodworld declined 52.60% to Rs 17.24 crore on 2.74% decline in net sales to Rs 592.48 crore in Q3 December 2023 over Q3 December 2022.

Previous News
  Westlife Foodworld rises on elevating Akshay Jatia as CEO
 ( Hot Pursuit - 19-Mar-25   13:33 )
  Saregama India Ltd leads gainers in 'A' group
 ( Hot Pursuit - 03-Feb-25   12:00 )
  Westlife Foodworld consolidated net profit declines 59.34% in the December 2024 quarter
 ( Results - Announcements 29-Jan-25   16:03 )
  Westlife Foodworld to declare Quarterly Result
 ( Corporate News - 15-Jan-25   15:28 )
  Volumes soar at Westlife Foodworld Ltd counter
 ( Hot Pursuit - 13-Dec-24   14:30 )
  Volumes soar at Westlife Foodworld Ltd counter
 ( Hot Pursuit - 06-Dec-24   11:00 )
  Westlife Foodworld consolidated net profit declines 98.39% in the September 2024 quarter
 ( Results - Announcements 24-Oct-24   16:36 )
  Westlife Foodworld to convene board meeting
 ( Corporate News - 09-Oct-24   17:34 )
  Volumes spurt at Westlife Foodworld Ltd counter
 ( Hot Pursuit - 27-Sep-24   14:30 )
  Westlife Foodworld AGM scheduled
 ( Corporate News - 09-Aug-24   16:21 )
  Westlife Foodworld consolidated net profit declines 88.73% in the June 2024 quarter
 ( Results - Announcements 01-Aug-24   15:48 )
Other Stories
  Prism Johnson appoints key senior management personnels
  24-Mar-25   16:02
  GHV Infra Projects hits the roof after bagging Rs 191-cr order
  24-Mar-25   15:20
  Jyoti Structures Ltd leads losers in 'A' group
  24-Mar-25   15:00
  Rudra Gas hits the roof after bagging LoA from BPCL for Rs 33-cr project
  24-Mar-25   14:59
  Khandwala Securities Ltd leads losers in 'B' group
  24-Mar-25   14:45
  L&T gains as arm ink MoU with John Cockerill to explore various technologies
  24-Mar-25   14:37
  Volumes spurt at Finolex Industries Ltd counter
  24-Mar-25   14:30
  India Ratings affirms Sheela Foam's LT rating at 'AA' with 'stable' outlook
  24-Mar-25   13:43
  Diamond Power Infra hits the roof after bagging LoI from Adani Green for Rs 215 crore project
  24-Mar-25   13:11
  Kotak Mahindra Bank Ltd spurts 4.56%, rises for third straight session
  24-Mar-25   13:05
Back Top