Restaurants company Burger King India declares Q3FY22 results: Revenue from Operations for Q3 FY22 at Rs 2,798.9 Mn vs Rs 2,454.0 Mn for Q2 FY22; with 14% sequential growth (QoQ) Q3 FY22 ADS Recovery at 104% on FY20 ADS Delivery business continued growth momentum with ADS recovery at 160%; Dine-in business continued to grow in Q3 with ADS recovery at 78% vs 65% in Q2; Region Recovery: West: 119%; South & East: 108% and North: 95% Gross profit margin improved by 70 bps from 65.4% to 66.1%; in-line with our expectations Dec’21 ADS Recovery at 111% on FY20 ADS Delivery ADS recovery at 166%; Dine-in recovery improved to 86% Region Recovery: West: 126%, South & East: 115%, North: 102% Restaurant EBITDA at Rs 481.2 Mn; 17.2% for Q3 FY22 vs Rs 407.7 Mn; 16.6% in Q2 FY22 Company EBITDA at Rs 328.2 Mn; 11.7% for Q3 FY22 vs Rs 256.0 Mn; 10.4% in Q2 FY22 Result PDF