Barbeque-Nation Hospitality Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 09, 2022 at 03:50 am EST
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Barbeque-Nation Hospitality Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 3,104.98 million compared to INR 2,208.9 million a year ago. Revenue was INR 3,120.96 million compared to INR 2,293.95 million a year ago. Net income was INR 70.9 million compared to INR 29.23 million a year ago. Basic earnings per share from continuing operations was INR 1.82. Diluted earnings per share from continuing operations was INR 1.82.
For the six months, sales was INR 6,253.64 million compared to INR 3,228.67 million a year ago. Revenue was INR 6,299.58 million compared to INR 3,387.57 million a year ago. Net income was INR 222.68 million compared to net loss of INR 397.09 million a year ago. Basic earnings per share from continuing operations was INR 5.72 compared to basic loss per share from continuing operations of INR 14.31 a year ago. Diluted earnings per share from continuing operations was INR 5.67 compared to diluted loss per share from continuing operations of INR 14.31 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.