Total revenue from operations rose marginally to Rs 616.33 crore in June 2024 quarter from Rs 614.54 crore posted in corresponding quarter last year.
Profit before tax stood at Rs 4.52 crore in first quarter of FY25, down 88.86% from Rs 40.58 crore recorded in Q1 FY24.
Operating EBITDA de-grew 24.06% year on year (YoY) to Rs 79.97 crore in June 2024 quarter. EBITDA margin stood at 16.5% in Q4 FY23 as against 16% in Q4 FY22. However, the company is focused on delivering an 18-20% operating EBITDA margin by December 2027.
Restaurant operating margins and operating EBITDA margin were lower by 388 bps YoY and 416 bps YoY to 19.1% and 13% respectively, owing to operating deleverage and higher royalty costs.
Same-store sales growth stood at negative 6.7% YoY, impacted by subdued ...
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