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RBA's Q2/H1 FY26 call highlights solid India execution despite a tough market. Revenue grew 15.6% to ₹568 Cr with 2.8% SSSG. Gross margins improved to 68.3%, aiming for 70% by FY29 via efficiency. ADS is ₹120,000, driven by 10 quarters of positive dine-in traffic (value & premium strategies). Digital transactions hit 91%. Management invests in staff for new initiatives, expecting utility savings and EBITDA leverage next year. Indonesia's Burger King shows recovery, but Popeyes is a challenge. Overall confident on disciplined growth, P&L optimization, and new store expansion (580 by year-end).