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Speciality Restaurants Ltd Q2FY24; 53% fall in Profits

The company entered the restaurant business by setting up Only Fish in 1992, followed by Main Land China, in Mumbai in 1994. SRL is one of the largest fine-dining restaurant chains in India. The company launched its IPO in 2012.

Financial Results:

Speciality Restaurants Ltd reported Revenues for Q2FY24 of ₹97.88 Crores up from ₹93.78 Crore year on year, a rise of 4.37%.

Total Expenses for Q2FY24 of ₹96.14 Crores up from ₹84.36 Crores year on year, a rise of 13.96%.

Consolidated Net Profit of ₹5.26 Crores down 52.61% from ₹11.10 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.11, down 52.97% from ₹2.36 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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