Barbeque-Nation Hospitality Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 23, 2024 at 06:49 am EDT
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Barbeque-Nation Hospitality Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 2,980.54 million compared to INR 2,802.33 million a year ago. Revenue was INR 3,057.05 million compared to INR 2,824.76 million a year ago. Net loss was INR 10.74 million compared to INR 118.21 million a year ago. Basic loss per share from continuing operations was INR 0.27 compared to INR 3.04 a year ago. Diluted loss per share from continuing operations was INR 0.27 compared to INR 3.04 a year ago.
For the full year, sales was INR 12,545.1 million compared to INR 12,337.55 million a year ago. Revenue was INR 12,720.76 million compared to INR 12,417.82 million a year ago. Net loss was INR 134.09 million compared to net income of INR 170.17 million a year ago. Basic loss per share from continuing operations was INR 3.44 compared to basic earnings per share from continuing operations of INR 4.37 a year ago. Diluted loss per share from continuing operations was INR 3.44 compared to diluted earnings per share from continuing operations of INR 4.32 a year ago.
Barbeque-Nation Hospitality Ltd is an India-based company, which is primarily engaged in the business of operating casual dining restaurant chain in India. The Company operates through the setting up and managing restaurant business segment. The Company provides a variety of meats, vegetables, sauces and condiments. It offers menu options, both vegetarian and non-vegetarian. It also operates an Italian cuisine restaurant chain under the Toscano brand. It owns and operates around 200 outlets in India, four outlets in the UAE, one outlet in Malaysia and one outlet in Oman. The Company operates restaurants across India, namely Agra, Ahmedabad, Belgaum, Bengaluru, Chandigarh, Chennai, Dimapur, Durgapur, Erode, Faridabad, Ghaziabad, Goa, Indore, Jaipur, Jammu, Kanpur, Lucknow, Ludhiana, Mangalore, Mumbai, Mysore, Nellore, New Delhi, Noida, Ranchi, Salem, Vadodara, Varanasi, Vijayawada, Visakhapatnam, Zirakpur and others.