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By Nishang Narayan
Published on August 8, 2024
Speciality Restaurants Limited, renowned for its fine dining chains including Mainland China, Asia Kitchen by Mainland China, Oh! Calcutta, and more, has announced robust financial results for the quarter ended June 30, 2024.
On a consolidated basis, the company achieved a Total Income of ₹111.52 crores, EBITDA of ₹24.35 crores, and PAT of ₹7.64 crores for Q1FY25. Notably, the Total Comprehensive Income for the quarter stood at ₹7.66 crores.
In standalone results, Speciality Restaurants reported a Total Income of ₹105.52 crores for Q1FY25, reflecting a 7.47% increase from ₹98.19 crores in Q1FY24. The EBITDA grew by 13.34% to ₹23.28 crores, up from ₹20.54 crores, while PAT rose to ₹7.15 crores from ₹6.29 crores. The Total Comprehensive Income also saw a rise to ₹7.16 crores from ₹6.21 crores.
Commenting on the company's performance, Mr. Anjanmoy Chatterjee, Chairman & Managing Director of Speciality Restaurants Limited, stated, “We continue to focus on our Oriental Brands and are excited about the recent openings of Asia Kitchen by Mainland China at Phoenix Mall of Millennium and Amanora Mall in Pune. Additionally, the renovated Haka restaurant at City Centre Kolkata has also reopened. We expect these new and renovated outlets to break even early and significantly enhance our profits.”
Chatterjee further noted the company’s ongoing efforts to control costs amid inflation, contributing to improved gross margins. The company plans to open 3-4 new restaurants in the coming quarters, further strengthening its market presence.
About Speciality Restaurants:
With over 30 years in the industry, Speciality Restaurants operates a diverse range of restaurants and confectionaries across India, UAE, Oman, and the UK. Its flagship brand, Mainland China, is known for authentic Chinese cuisine, while Asia Kitchen by Mainland China offers a pan-Asian dining experience. Other core brands include Oh! Calcutta, Sigree-Global Grill, and Sweet Bengal. As of June 30, 2024, the company operates 70 restaurants, 42 confectionary stores, and 13 cloud kitchens in India, alongside international outlets in UAE, Oman, and London.
Cautionary Statement:
This press release contains forward-looking statements reflecting the company’s strategies, objectives, and plans based on current assumptions. While the company believes these assumptions to be reasonable, actual outcomes may differ and cannot be guaranteed.
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By Manu Vardhan Kannan
Published on November 9, 2025
Wonderla Holidays Ltd. has announced its financial results for the second quarter and half year ended September 30, 2025, marking its best-ever Q2 performance in company history. The remarkable results highlight record revenues, strong footfall growth, and a sharp increase in profitability.
The company reported a 12% year-on-year rise in footfalls to 5.05 lakh visitors, with total income up 24% YoY at ₹88.52 crore and EBITDA soaring eightfold to ₹7.48 crore.
Parkwise, the company registered footfalls of 1.96 lakh in Bengaluru, 1.92 lakh in Kochi, 0.93 lakh in Hyderabad, and 0.24 lakh in Bhubaneswar, reflecting consistent performance across locations.
Commenting on the results, Arun Chittilappilly, Executive Chairman and Managing Director of Wonderla Holidays Ltd., said,
“This quarter marks a defining moment in Wonderla’s journey, as we achieved our best-ever Q2 performance with record revenues, footfalls, and a sharp improvement in profitability. A 24 percent year-on-year growth in total income and an 8X jump in EBITDA highlight the resilience of our business model and the power of the Wonderla brand.”
He added that the strong results were driven by effective branding and footfall-driving campaigns, alongside enhanced digital sales strategies, which now contribute to half of total bookings. The company’s investments in technology, operational efficiency, and customer convenience have played a vital role in driving this growth.
Chittilappilly also noted that new offerings like “Isle by Wonderla” continue to strengthen guest engagement and diversify the company’s revenue base.
“Looking ahead, we remain excited about the next phase of expansion. Work on our Chennai Park is progressing rapidly, and we’re on track to announce the launch by December 2025. With strong fundamentals, expanding capacity, and a trusted brand, we’re confident of sustaining our momentum and delivering long-term value to both our guests and shareholders,” he said.
With this milestone quarter, Wonderla Holidays continues to reinforce its leadership in India’s amusement park sector through innovation, guest experience, and strategic expansion.
By Hariharan U
Published on October 27, 2025
Wyndham Hotels & Resorts reported its Q3 2025 financial results, showing steady growth across operations and financial metrics. Global system-wide rooms increased 4% year-on-year to 855,400, including 503,400 in the U.S. and 352,000 internationally, while the company awarded 204 new development contracts, up 24% from Q3 2024. The global development pipeline grew 4% to 257,000 rooms, with roughly 70% in midscale and above segments and 58% internationally.
Ancillary revenues rose 18% compared to the same period last year. Net income climbed 3% to $105 million, and adjusted net income reached $112 million, with diluted EPS increasing 5% to $1.36 and adjusted diluted EPS up 5% to $1.46. Adjusted EBITDA grew 2% to $213 million, while global RevPAR declined 5% in constant currency, mainly due to softer results in Asia Pacific and Latin America, partially offset by gains in EMEA and Canada.
Wyndham generated $86 million in net cash from operating activities and $97 million in free cash flow, ending the quarter with $70 million in cash and total liquidity of about $540 million, maintaining a net debt leverage ratio of 3.5x. In October 2025, the company refinanced its $750 million revolving credit facility, extending maturity to 2030, increasing capacity to $1 billion, and reducing borrowing costs by 35 basis points. Shareholder returns included the repurchase of 830,000 shares for $70 million in Q3 and year-to-date buybacks of 2.5 million shares for $223 million, alongside $31 million in dividends.
Looking ahead, Wyndham expects full-year global room growth of 4–4.6%, global RevPAR change of -3% to -2%, fee-related revenues of $1.43–$1.45 billion, adjusted EBITDA of $715–$725 million, adjusted net income of $347–$358 million, and adjusted diluted EPS of $4.48–$4.62, while maintaining a focus on portfolio expansion, strengthening its development pipeline, and delivering consistent shareholder value amid evolving industry conditions.
Published on October 26, 2025
Alaska Air Group reported strong financial results for the third quarter of 2025, posting a GAAP net income of $73 million and adjusted earnings per share of $1.05. The airline’s growth is being fueled by new nonstop routes from Seattle to London and Reykjavik, set to launch in May 2026, and the introduction of the Atmos Rewards loyalty program, which exceeded premium credit card sign-up expectations.
In a major technological upgrade, Alaska Air is installing Starlink high-speed Wi-Fi across its fleet, offering complimentary access to Atmos Rewards members. The company is also progressing with the integration of Hawaiian Airlines and advancing its Alaska Accelerate strategy, aiming for significant growth and profitability by 2027.
Analysts have assigned a Hold rating on ALK stock with a $49.00 price target, citing strong financial recovery but noting bearish technical indicators and increased leverage as potential risks. The airline continues to focus on expanding its global reach and enhancing customer loyalty through strategic partnerships and its Atmos Rewards program.
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