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Mumbai : Speciality Restaurants Ltd, a leading fine dining restaurant operator with Mainland China, Asia Kitchen by Mainland China, Oh! Calcutta and Sigree-Global Grill as its key brands on standalone basis reported a Total Income from Operations of ₹ 7,932 lakhs for Q4 FY22 as against ₹ 7,503 lakhs in the corresponding quarter of the last year thus marking a growth of 5.71% on a y-o-y basis. EBIDTA and Total Comprehensive Income for Q4 FY22 was reported at ₹ 1,592 lakhs and ₹ 460 lakhs respectively.

The Standalone financial results of the Company for the financial year ended reported a Total Income from Operations of ₹ 26,655 lakhs. EBIDTA and Total Comprehensive Income for the financial year was reported at ₹ 5,607 lakhs and ₹ 1,474 lakhs respectively.

The Consolidated financial results of the Company for the financial year ended reported a Total Income from Operations of ₹ 26,655- lakhs. EBIDTA and Total Comprehensive Income for the financial year was reported at ₹ 5601 lakhs and ₹ 930 lakhs respectively.

Commenting on the performance of the company Mr. Anjan Chatterjee, Chairman & Managing Director, Speciality Restaurants Ltd., said, “Our learnings from Covid 19 pandemic and the strategic move of right sizing of the operations over the last two years has turned around the company’s performance during the Financial Year 2021-22. Various measures of cost controls and business process re-engineering have led to rationalization of the costs which has resulted into profits for the company.

We continue to focus on the cloud kitchen vertical with our established brands for the delivery business with low capital requirement and better return on investments. Establishing kitchen within kitchen in our existing restaurants has resulted into sweating of assets thus improving profitability. As the company is debt free currently, we will continue our expansion journey and provide best-in-class dining experience and delivery of hygenic food to our guests whilst creating value for all our stakeholders.”

As on 31st March, 2022, the Company had a total of 80 Restaurants (including 11 Cloud Kitchens and 18 Franchisee) and 37 Confectionary stores across 13 cities in India, 2 in UAE. The company operated 1 restaurant in London under Joint Venture.

During the year, the Company has launched “CHOURANGI” restaurant at 3 Old Quebec St, London W1H 7AF on October 7, 2021. Chourangi is the joint venture of Speciality Restaurants through it’s subsidiary, in the city of London. It promises to introduce London's discerning food lovers to the unexplored cuisine of Calcutta – three centuries old and still evolving, bursting with taste and flavours that have never before been encountered in this city.

The décor has also been carefully thought out and designed to capture the diversity of the city over centuries with the iconic ‘Indian Coffee House’ feel of the Howrah Bridge Wall as the gate way to the city, the iconic Tolly Club and Bengal Club or the Royal Turf Club’ settings, louvre walls with a mix of jazz and Bengali light instrumentals in the background to set the mood for discerning diners to soak up the experience.

The food offering is a culinary mix of street food and the heritage cuisine of the Sahib’s/Mughals, with subtle influences of the French and British. It’s Calcutta cuisine features adventurous new ingredients, flavours and cooking methods interwoven with 300 years of colourful history and stories giving the people of London an experiential taste of Calcutta.

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