Westlife Development on Thursday reported narrowing of losses to Rs 6.45 crore for Q4FY21, helped by higher income. It posted a net loss of Rs 25.26 crore in Q4FY20.
In an interview to CNBC-TV18, Amit Jatia, Vice Chairman of Westlife Development said, "While the dine-in, takeaway, drive through are shut, home delivery has been consistent and stable. We are in a much better spot now than we were in first wave of COVID."
He said that the convenience channels have been accelerated due to COVID and as in-store comes back he expects a strong double digit same-store sales growth for the company.
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(Edited by : Jerome Anthony)