Speciality Restaurants Q3FY17 Results : Not so tempting performance

Bhagyashree Vivarekar / 08 Feb 2017

Speciality Restaurants Q3FY17 Results : Not so tempting performance

The company posted total sales of Rs. 83.34 crore for Q3FY17, which represents a 4.66 per cent sequential increase and 1.47 per cent YoY decline.

Speciality Restaurants Ltd. reported its results for the quarter ended December 31, 2016 today. 

The company posted total sales of Rs. 83.34 crore for Q3FY17, which represents a 4.66 per cent sequential increase and 1.47 per cent YoY decline.

Its operating loss (EBIT) for the quarter was of the order of Rs 3.13 crore.

The company reported net loss of Rs 4.62 crore, as compared to the net loss of Rs 2.57 crore in the previous quarter. The company had reported net profit of Rs 1 crore in Q3FY16.

Speciality Restaurants Ltd operates restaurants and is also engaged in mobile food services activity. The company has restaurants across India, Bangladesh, and Tanzania. The company's brands include Mainland China, Mainland China Asia Kitchen, Oh! Calcutta, Sigree Global Grill, Cafe Mezzuna, Sweet Bengal, Hoppipola, Sigree, Machaan, Haka, Flame & Grill and Mobifeast. Mainland China focuses on serving Chinese cuisine with contrasting flavours and spices. Oh! Calcutta offers Bengali food. Sigree Global Grill serves grilled flavors from Mediterranean, Oriental, Spanish, Mexican and Indian cuisines.

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