Speciality Restaurants Limited a leading fine dining restaurant chain operator with Mainland China reported ₹ 111.52 cr total income in Q1Y25.
The brand that also operate Asia Kitchen by Mainland China, Oh! Calcutta, Sigree-Global Grill, Sweet Bengal to name a few saw an EBIDTA of ₹ 24.35 crores and PAT of ₹ 7.64 crores.
Total Comprehensive Income for Q1FY25 was ₹ 7.66 crores. Standalone Financial results: Total Income was ₹ 105.52 crores for Q1FY25 as against ₹ 98.19 crores in the Q1FY24, increased by 7.47%. EBIDTA for Q1FY25 was at ₹ 23.28 crores as against ₹ 20.54 crores, increase of 13.34% on y-o-y basis. PAT for Q1FY25 was ₹ 7.15 crores as against ₹ 6.29 crores in Q1FY24. Total Comprehensive Income for Q1FY25 was ₹ 7.16 crores as against ₹ 6.21 crores of Q1FY24.
Commenting on the performance of the company Anjanmoy Chatterjee, Chairman & Managing Director, Speciality Restaurants Limited shared, “The company continues to focus on its Oriental Brands and have opened Asia Kitchen by Mainland China at Phoenix Mall of Millennium at Wakad, Pune and at Amanora Mall, Pune. The renovated Haka restaurant at City Centre at Kolkata also opened during the quarter.”
He also mentioned that he foresee early break-even of these new restaurants and significant increase in profits of the renovated restaurant.
“The focus on cost control measures are being driven continuously to neutralize the impact of inflation, resulting into improved gross margins,” he added.
The Company plans to open 3-4 new restaurants in the coming quarter.
Copyright © 2009 - 2024 Restaurant India.