Barbeque Nation posts Q4 loss of Rs 11.60 cr, revenue up 11.6% to Rs 280 cr

Its revenue from operations was up 43.36 per cent to Rs 1,233.75 crore in FY23

Barbeque Nation

Press Trust of India New Delhi

Listen to This Article

Quick service restaurant operator Barbeque-Nation Hospitality Ltd has reported a net loss of Rs 11.60 crore for the fourth quarter ended March 31, 2023.
The company had posted a net profit of Rs 0.48 crore during the January-March period a year ago, Barbeque-Nation Hospitality said in a regulatory filing.
Its revenue from operations was up 11.64 per cent to Rs 280.23 crore during the quarter under review as against Rs 251 crore in the corresponding period of the previous fiscal.
Total expenses of the company were at Rs 240.36 crore, up 16.41 per cent in Q4/FY23.
Its total revenue in the March quarter was Rs 282.47 crore.
However, for the fiscal ended March 2023, Barbeque-Nation posted a net profit of Rs 19.14 crore. It reported a net loss of Rs 25.19 crore in FY22.

Also Read

India will be a developed nation by 2047, says Defence Minister Singh

Judges should be committed to nation, not the govt: Law Minister Rijiju

Israelis, Palestinians clash at UN amid escalating political rhetoric

What to watch for after India overtakes China as most-populous nation

Murmu urges people to consider voting as contribution to nation building

Godfrey Phillips India Q4 net up 6.4% to Rs 110 cr, revenue rises 14.3%

Power Finance Corp Q4 profit rises 44% to Rs 6,128 cr on higher revenues

PTC India Q4 net profit dips 17.67% to Rs 129 cr on higher expenses

ONGC posts Rs 248-crore loss in Q4 on tax provisions; profit down 3.7%

Triveni Engineering & Industries Q4 net profit rises 74% to Rs 190 crore

Its revenue from operations was up 43.36 per cent to Rs 1,233.75 crore in FY23.
"During the year, the Company added 39 new restaurants resulting in total count of 216. Total restaurants included 14 Toscano restaurants, 6 Barbeque Nation international restaurants and balance 196 were Barbeque Nation India network," said an earning statement from the company.
Meanwhile, its board also approved the further acquisition of an additional 4.21 per cent of paid-up share capital of Red Apple Kitchen Consultancy Private Limited, a subsidiary of the Company, from the existing Shareholders.
After this, the shareholding will increase to 82.43 per cent in Red Apple Kitchen', which operates 14 Italian cuisine restaurants under the brand Toscano.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Topics : Q4 Results

First Published: May 27 2023 | 10:54 PM IST

Explore News