Barbeque-Nation Hospitality Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 27, 2023 at 05:20 am EDT
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Barbeque-Nation Hospitality Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 2,802.33 million compared to INR 2,510.16 million a year ago. Revenue was INR 2,824.76 million compared to INR 2,569.13 million a year ago. Net loss was INR 118.21 million compared to INR 0.56 million a year ago. Basic loss per share from continuing operations was INR 3.04 compared to INR 0.02 a year ago. Diluted loss per share from continuing operations was INR 3.04 compared to INR 0.02 a year ago.
For the full year, sales was INR 12,337.55 million compared to INR 8,605.54 million a year ago. Revenue was INR 12,417.82 million compared to INR 8,868.33 million a year ago. Net income was INR 170.17 million compared to net loss of INR 256.02 million a year ago. Basic earnings per share from continuing operations was INR 4.37 compared to basic loss per share from continuing operations of INR 10.3 a year ago. Diluted earnings per share from continuing operations was INR 4.32 compared to diluted loss per share from continuing operations of INR 10.3 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.