Overview
- Revenue from operations rose 12.6% year-on-year to Rs 1,376.7 crore in the September quarter.
- Net loss widened to about Rs 23.9–24 crore compared with a Rs 4.92 crore loss a year earlier.
- EBITDA slipped roughly 1.8% to Rs 192 crore, and the operating margin fell to 14% from 16%.
- The company added 39 net stores, including 30 new KFC outlets, taking the network to 2,184, and it launched six Tealive test stores with positive initial feedback.
- Shares fell about 2.5–3% on the BSE after the announcement, and management said the GST 2.0 change has had minimal impact with cost benefits passed to consumers.