Barbeque-Nation Hospitality Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 05, 2024 at 04:29 am EST
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Barbeque-Nation Hospitality Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 3,308.75 million compared to INR 3,281.58 million a year ago. Revenue was INR 3,325.19 million compared to INR 3,293.48 million a year ago. Net income was INR 43.44 million compared to INR 65.7 million a year ago. Basic earnings per share from continuing operations was INR 1.12 compared to INR 1.69 a year ago. Diluted earnings per share from continuing operations was INR 1.12 compared to INR 1.66 a year ago.
For the nine months, sales was INR 9,564.56 million compared to INR 9,535.22 million a year ago. Revenue was INR 9,663.71 million compared to INR 9,593.06 million a year ago. Net loss was INR 123.34 million compared to net income of INR 288.38 million a year ago. Basic loss per share from continuing operations was INR 3.16 compared to basic earnings per share from continuing operations of INR 7.41 a year ago. Diluted loss per share from continuing operations was INR 3.16 compared to diluted earnings per share from continuing operations of INR 7.33 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.