Speciality Restaurants Limited Q4FY23 PAT at Rs. 54.92 crores

Speciality Restaurants Limited, a leading fine dining restaurant operator with Mainland China, Asia Kitchen by Mainland China, Oh! Calcutta and Sigree-Global Grill as its key brands on standalone basis reported Total Revenue of ₹ 9,762 lakhs for Q4FY23 as against ₹ 7,932 lakhs in the corresponding quarter of the previous year registering a growth of 23.07 % on a q-o-q basis. EBIDTA for Q4FY23 was reported at ₹ 2,382 lakhs as against ₹ 1,592 lakhs registering a growth of 49.62 % on a q-o-q basis. PAT for Q4FY23 was reported ₹ 5,492 as against ₹ 430 lakhs in the corresponding quarter registering a growth of 1,117.21 %. Total Comprehensive Income for Q4FY23 was reported ₹ 5,491 lakhs against ₹ 460 lakhs of Q4FY22.

The Company reported consolidated financial results for Q4FY23 Total Revenue of ₹ 9,800 lakhs. EBIDTA and Profit after tax for Q4FY23 was reported at ₹ 2,416 lakhs ₹ 5,531 lakhs respectively. Total Comprehensive Income for Q4FY23 was at ₹ 5,543 lakhs.

The Company reported consolidated financial results for FY23 Total Revenue of ₹ 39,909 lakhs. EBIDTA and Profit after Tax for FY23 was reported at ₹ 10,061 lakhs and ₹ 9,679 lakhs respectively. Total Comprehensive Income for FY23 was at ₹ 9,699 lakhs.

Commenting on the performance of the company Mr. Anjan Chatterjee, Chairman & Managing Director, Speciality Restaurants Limited, said, "The Company continues its focus on controlling the costs and improving value proposition for Guests. Delivery continues to be a significant proportion to total revenues, with increase in dine-in sales as well.

The Company strive to maintain profitability by improving overall margins, mitigating inflationary pressure on input cost.

The Company plans to expand by opening new outlets in Oriental Cuisine and renovating the existing Mainland China restaurants to improve upon the same store sales growth."

Shares of Speciality Restaurants Limited was last trading in BSE at Rs. 250.25 as compared to the previous close of Rs. 256.65. The total number of shares traded during the day was 22827 in over 1076 trades.

The stock hit an intraday high of Rs. 263.85 and intraday low of 246.70. The net turnover during the day was Rs. 5788211.00.

Source : Equity Bulls

Keywords

SpecialityRestaurants INE247M01014 Q4FY23 FY2023 ResultUpdate