Speciality Restaurants bets big on AI, aims at Rs 1,000 crore revenue in 5 years

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The multi-brand restaurant chains standalone net profit in the first half of (April-September) FY23 stood at Rs 27.67 crore from a turnover of Rs 195 crore, recovering from Covid pandemic headwinds...

In a move to strengthen its position as a leading player in the Asian food space, Speciality Restaurants Ltd is looking to clock a revenue of Rs 1,000 crore with technology intervention and brand refresh..

Our stated goal is to double our current revenue in four years and triple it in six years, starting from the current level of Rs 400 crore, Speciality Restaurants CMD Anjan Chatterjee told PTI..

The Kolkata-headquartered companys key focus will be on leveraging its key brands and upgrading technology, including the use of AI, to enhance customer experience and drive revenue growth by maintaining EBIDTA of over 25 per cent, he said.. Explaining the strategy, Chatterjee said the companys first step towards this goal is to refresh its flagship brand Mainland China, which will include a new look and menu offering..