Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Companies / Company Results/  Barbeque Nation Q4 revenue up at 226 crore
BackBack

Barbeque Nation Q4 revenue up at ₹226 crore

Revenue from operations moved up to ₹226 crore in Q4 FY21 from ₹190 crore in Q4 FY20

The company currently owns and operates 147 outlets in India across 77 cities, 4 in the UAE, 1 in Malaysia and 1 in Oman.Premium
The company currently owns and operates 147 outlets in India across 77 cities, 4 in the UAE, 1 in Malaysia and 1 in Oman.

BENGALURU : Barbeque Nation Hospitality Ltd on Monday posted a consolidated net profit of 6 crore in the March quarter as against loss of 28 crore in the year-ago period.

Revenue from operations moved up to 226 crore in Q4 FY21 from 190 crore in Q4 FY20.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at 56 crore with margins of 24.8 per cent.

Managing Director Kayum Dhanani said the casual dining restaurant chain focused on delivery vertical and launched a new product called Barbeque-in-a-Box. It was launched to cater to the rapid progression of delivery segment during the pandemic.

"With a strong digital presence through our own app and third-party delivery apps, our delivery segment has grown from strength to strength," he said.

"We opened one new store during Q4 FY21 and are planning to expand our network by opening 20 new stores during FY22. With multiple strategic initiatives and learnings from the previous year, we are well poised to continue our growth trajectory during the coming year," said Dhanani.

The company currently owns and operates 147 outlets in India across 77 cities, 4 in the UAE, 1 in Malaysia and 1 in Oman.


Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 24 May 2021, 10:11 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie