Home / Business and Economy / Burma Burma's Loss Soars 31X Amid Revenue Surge
Burma Burma's Loss Soars 31X Amid Revenue Surge
18 Oct
Summary
- Net loss surged 31X to ₹15.4 Cr in FY26.
- Revenue from operations climbed 46.6% to ₹155.5 Cr.
- Plans IPO to open 27 new outlets by FY29.
Hunger Pangs Limited, the parent company of the vegetarian restaurant chain Burma Burma, experienced a substantial financial shift in the fiscal year 2025-26 (FY26). Its net loss escalated by nearly 31 times, amounting to ₹15.4 Crore, a stark contrast to the ₹50 Lakh loss in the previous fiscal year.
Despite the increased net loss, Burma Burma's operational revenue demonstrated robust growth, soaring by 46.6% to reach ₹155.5 Crore in FY26 from ₹106.1 Crore in FY25. The company also reported a 20.2% increase in EBITDA to ₹25.7 Crore for FY26.
In the first quarter of fiscal year 2026-27 (Q1 FY27), Burma Burma reported a net profit of ₹1.1 Crore on operating revenue of ₹53.7 Crore. This profit was aided by deferred tax credits amounting to ₹1.98 Crore. The company is also planning an Initial Public Offering (IPO), which will include a fresh issue of shares worth up to ₹150 Crore and an offer for sale of up to 2.8 Crore shares.
Proceeds from the IPO are earmarked for significant expansion, with ₹117.3 Crore designated to open 27 new company-owned outlets by FY29. Additionally, Hunger Pangs intends to launch a new premium casual dining brand focusing on Japanese cuisine. The company operated 22 restaurants across nine cities as of July 2026.
