Westlife Foodworld (WEST.NS), which operates McDonald's (MCD.N) restaurants in west and south India, reported a 56% rise in fourth-quarter profit on Thursday on steady demand for discounted meals.
The company's consolidated net profit rose to 23.8 million Indian rupees ($252,513.20) for the quarter ended March 31 from 15.2 million rupees a year earlier.
($1 = 94.2525 Indian rupees)
(This story has been refiled to say 'rise,' not 'rises,' in the headline)