Restaurant Chain Operator Barbeque-Nation Posts Rs 5-Crore Net Profit For Q3

The restaurant chain operator's revenue from operations declined marginally to Rs 328.89 crore in the December quarter from Rs 330.87 crore in the same period last year.

PTI

(Photo Source: X/Barbeque Nation)

Barbeque-Nation Hospitality Ltd., a quick service restaurant chain operator on Monday reported an increase of 4.54% in consolidated net profit to Rs 5.05 crore in the third quarter ended in December 2024.

The company had posted a profit of Rs 4.83 crore in the October-December quarter a year ago, according to a regulatory filing from Barbeque-Nation Hospitality.

Its revenue from operations marginally declined to Rs 328.89 crore in the December quarter from Rs 330.87 crore in the same period last year.

Total expenses of Barbeque-Nation Hospitality in the December quarter were up 1.05% to Rs 267.37 crore.

Its total income, which includes other income, was at Rs 334.41 crore in the December quarter.

Barbeque-Nation Hospitality was operating 226 restaurants by the end of Q3 FY24, which includes 190 restaurants in India.

Shares of Barbeque-Nation Hospitality Ltd. on Monday settled at Rs 311.50 on BSE, down 3.86%.

Also Read: Q3 Results Updates: Power Grid Corp Profit Slips 4%, Meets Estimates; KEC International Profit Up 34%

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