Speciality Restaurants dips on weak Q4 results
The stock dipped 8% to Rs 159 on the BSE.
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Shares of Speciality Restaurants dipped 8% to Rs 159 on the BSE in an otherwise strong market after the company reported a 43% year-on-year (yoy) decline in net profit at Rs 1.94 crore for the fourth quarter ended March 31, 2015 (Q4).
The company, a leading fine dining restaurant operator having key brands such as Mainland China, Oh! Calcutta and Signee-Global Grill, had posted a profit of Rs 3.43 crore in the year-ago quarter.
Total income from operations during the quarter under review grew by 9% at Rs 73.61 crore on a Y-o-Y basis.
Till 1317 hours, a combined 26,032 shares changed hands on the counter on the BSE and NSE.
The company, a leading fine dining restaurant operator having key brands such as Mainland China, Oh! Calcutta and Signee-Global Grill, had posted a profit of Rs 3.43 crore in the year-ago quarter.
Total income from operations during the quarter under review grew by 9% at Rs 73.61 crore on a Y-o-Y basis.
Till 1317 hours, a combined 26,032 shares changed hands on the counter on the BSE and NSE.
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First Published: May 29 2015 | 1:22 PM IST