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

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(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.

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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%.

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