UPDATE 2-Burger King owner's profit tops Street on lower costs, new menu items

Tue Oct 27, 2015 12:04pm EDT
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* Q3 Burger King comparable sales up 6.2 pct

* Tim Hortons comparable sales up 5.3 pct

* May open Tim Hortons in India-CFO

* Shares up 4.4 percent (Adds executive comments, background, shares)

By Anet Josline Pinto and Sneha Banerjee

Oct 27 (Reuters) - Restaurant Brands International Inc , owner of Burger King and Tim Hortons, reported a better-than-expected quarterly profit, helped by new menu items and lower costs.

The company's shares were trading up 6.6 percent at C$53.48 in midday trading on the Toronto Stock Exchange on Tuesday.

Most of Restaurant Brands outlets are in the United States and Canada. But the company has been opening new restaurants in France, Brazil, Russia and India, following its peers such as Starbucks Corp, Krispy Kreme Doughnuts, McDonald's Corp and Yum Brands.

Oakville, Ontario-based Restaurant Brands said China, where it has a relatively smaller presence than its peers, is one of its fastest growing markets.   Continued...