Burger King India Ltd’s stock fell almost 3% on Thursday as it posted a consolidated net loss of Rs 25.94 crore for the fourth quarter ended March 2021.
On the BSE, the stock fell 7.22% to Rs 145.05 throughout the day. It eventually settled at Rs 152.05, down 2.75 percent. It finished at Rs 152.55 on the NSE, down 2.39 percent after falling 5.18 percent to Rs 148.20 earlier in the day.
During the day, 10.15 lakh shares were traded on the BSE and over 86.62 lakh shares were traded on the NSE. Burger King India Ltd recorded a net loss of Rs 25.94 crore for the fourth quarter ended March 2021 on 26th of May, 2021.
The fast service restaurant operator reported a net loss of Rs 37.41 crore for the January-March 2020 quarter in a regulatory filing. Its overall revenue from January to March 2021 was Rs 199.45 crore, up from Rs 192.95 crore the previous year.
The overall costs of Burger King India in the March 2021 quarter were Rs 219.81 crore.
ALSO READ : JSW Steel, an oustanding performance
Hello, my name is Anuj Boruah. I am quite interested in writing about current events in business, finance, and the economy. I work as a newswriter at Reviewminute.