McDonald’s posted their first profits during the year. After entering India, for more than 2 decades they were able to declare the profits amid a long-drawn legal dispute with one of their key partners.
They entered India in 1996 declared an accumulated net loss of Rs.305 crore a year ago. According to the latest filings with the ROC (Registrar of Companies), the fast-food giant declared a profit of Rs.65.2 lakhs during the year 2017-2018.
