Speciality Restaurants net up at Rs 5 cr

Our Bureau Kolkata | Updated on May 29, 2013 Published on May 29, 2013

Riding on the back of higher sales, Speciality Restaurants Ltd posted a 150 per cent rise in net profit to Rs 5 crore for the quarter ended March 31, 2013. Profits stood at Rs 2 crore during the same period last year.

The board has recommended a dividend of Re 1 a share of face value of Rs 10 each for 2012-13.

Shares of Speciality Restaurants closed at Rs 180.65, up by 6.23 per cent on the BSE on Wednesday.

On a sequential basis, however, profits declined by over 28 per cent from Rs 7 crore during the quarter ended December 31, 2012.

Net sales during the January-March 2013 quarter grew by 23 per cent to Rs 54 crore. 

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Published on May 29, 2013
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