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QSRs stare at sluggish Q3
Financial Express Lucknow|January 15, 2025
Dull Days Ahead
- Viveat Susan Pinto

FAST-FOOD CHAINS IN India may feel the pressure of an ongoing economic slowdown in Q3, as consumers continue to cut back on discretionary spending, particularly in urban areas, according to analysts.

Despite the festive October-December quarter being crucial for quick-service restaurants (QSRs), Bernstein highlights that high food inflation and low real wage growth will constrain discretionary spending. "The bleak demand environment that began in the third quarter of FY24 has persisted into FY25, leading to shrinking margins," Bernstein noted in a report.

This story is from the January 15, 2025 edition of Financial Express Lucknow.

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QSRs stare at sluggish Q3
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This story is from the January 15, 2025 edition of Financial Express Lucknow.

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