Speciality Restaurants Limited, a prominent player in India's casual dining sector, has reported a substantial increase in its financial performance for the quarter ended September 30, 2025. The company's standalone profit after tax surged by 89% to ₹476.45 crore, up from ₹252.01 crore in the same period last year.

Key Financial Highlights

The company's revenue from operations grew by 12.06% year-on-year, reaching ₹10,975.57 crore compared to ₹9,794.13 crore in the corresponding quarter of the previous year. This growth indicates a robust demand for the company's restaurant services.

Profitability and Efficiency

The significant jump in profit after tax, outpacing revenue growth, suggests improved operational efficiency and cost management. The company's earnings per share (EPS) also saw a substantial increase, rising to ₹0.99 from ₹0.52 in the same quarter last year, representing a 90.38% increase.

Board Meeting and Financial Results

The company's Board of Directors, in a meeting held on November 14, 2025, approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. The meeting, which began at 6:30 p.m. and concluded at 7:00 p.m., also saw the board reviewing and adopting the limited review reports from the statutory auditors.

Balance Sheet Position

As of September 30, 2025, Speciality Restaurants reported total assets of ₹52,876.54 crore, with non-current assets accounting for ₹31,905.49 crore and current assets at ₹20,528.53 crore. The company's total equity stood at ₹33,469.59 crore, indicating a strong financial position.

Future Outlook

While the company has shown impressive growth in the second quarter, it's important to note that these results are subject to limited review by statutory auditors. The management's ability to sustain this growth trajectory and manage costs effectively will be crucial for future performance.

Investors and stakeholders will be keenly watching how Speciality Restaurants capitalizes on this momentum in the coming quarters, especially given the competitive nature of the restaurant industry and evolving consumer preferences in the post-pandemic era.

The full format of the financial results will be available on the company's website at www.speciality.co.in , providing stakeholders with more detailed insights into the company's financial health and operational performance.

Speciality Restaurants Limited , a prominent player in the restaurant industry, has successfully obtained approval from the National Company Law Tribunal (NCLT) Kolkata Bench for its scheme of arrangement with Speciality Hotels India Private Limited. The NCLT order, which sanctions the demerger of certain assets, comes with significant rectifications that clarify and refine the terms of the arrangement.

Key Aspects of the Demerger Scheme

The approved scheme involves the transfer of a 0.960-acre leasehold land asset in Chandaka, Bhubaneshwar, from Speciality Restaurants to Speciality Hotels India Private Limited. This land, previously categorized as surplus/non-core assets by Speciality Restaurants, is at the center of the demerger process.

Critical Rectifications in the NCLT Order

Several important rectifications have been made to the original NCLT order, addressing key aspects of the demerger:

1. Appointed Date: The scheme's appointed date has been changed from April 1, 2022, to October 1, 2022.

2. Assets Transfer Clarification: The order now specifies that only leasehold land-related assets, debts, and liabilities will be transferred to Speciality Hotels India Private Limited.

3. Employee Transfer: The clause regarding the transfer of employees has been removed, as the demerged asset is non-operational and does not involve any ongoing business activities.

4. Share Issuance: The order clarifies that shares will be issued by the Resulting Company (Speciality Hotels India Private Limited) to the Demerged Company (Speciality Restaurants Limited), rather than to individual shareholders.

Implementation and Next Steps

The scheme will become effective once the certified copy of the NCLT order is filed with the Registrar of Companies. This step is crucial for completing the demerger process and must be carried out within 30 days of receiving the order.

Corporate Governance and Transparency

The company's prompt action in seeking rectifications to the NCLT order demonstrates a commitment to accuracy and transparency in its corporate actions. This approach aligns with best practices in corporate governance and may be viewed positively by stakeholders.

As Speciality Restaurants moves forward with implementing this demerger scheme, investors and market watchers will likely keep a close eye on how this strategic move impacts the company's operations and financial structure in the coming months.