Speciality Restaurants Q1FY18 standalone net loss widens to Rs.15.8 crore yoy

India Infoline Research Team | September 12, 2017 10:08 IST

Speciality Restaurants Ltd Q1FY18

Standalone Results Q1FY18: (Rs. in crore)

Q1FY18 YoY (%)
Revenue 72.2 [8.1]
EBITDA [2.04] -
EBITDA Margin (%) - -
Net Profit [15.8] -
***EBITDA margin change is bps
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Reco. Price

128

Last updated on

01-Sep-2017




Speciality Restaurants' revenue for the quarter came in at Rs. 72.2 crore, registering 8.1% yoy decline.

Its EBITDA loss for the quarter stood at Rs. 2.04 crore as against Rs. 0.14 crore EBITDA in corresponding quarter of last year.

Net loss for the quarter swelled to Rs. 15.8 crore from Rs. 5.6 crore in Q1FY17. This was mainly on account of exceptional item (provision of financial assets on account of restructuring pertaining to the joint venture entity.) of Rs. 9.35 crore.

Technical View:

Speciality Restaurants Ltd is currently trading at Rs. 117.70, down by 5.9 points or 4.77% from its previous closing of Rs. 123.60 on the BSE.
The scrip opened at Rs. 120 and has touched a high and low of Rs. 120.50 and Rs. 115.95 respectively. So far 99,762(NSE+BSE) shares were traded on the counter. The stock is currently trading below its 50 DMA.

BSE 171.35 1.30 (0.76%)
NSE 172.00 2.25 (1.33%)

***Note: This is a NSE Chart

 

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