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Restaurant chain Dishoom posts £2.3m pre-tax profit

POPULAR restaurant chain Dishoom has posted a pre-tax profit of £2.3 million in 2018, compared to £870,000 recorded in the previous year.

The restaurant group also recorded a major rise in its turnover by 26.3 per cent last year.


Financial results filed with Companies House by the business showed that turnover of the group touched £45m, up from £35.6m recorded in the previous year.

The latest financial figures boosted the company’s confidence to move ahead with its plan to expand its business further.

Earnings before interest, tax, depreciation and amortisation of the firm, run by Kavi and Shamil Thakrar, touched £4.3m in 2018, up from £2.3m in 2017.

In 2018, the seven-site group also recorded a charitable milestone of five million meals donated to children across the UK and India.

The group announced its plans for a refurbishment of its Covent Garden restaurant in London's West End.

Based on Mumbai's Parsi-Irani style cafes, Dishoom started its operation nine years ago and today has seven sites across Britain.

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Aegon exits UK after 200 years as £2bn deal hands business to Standard Life
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Aegon exits UK after 200 years as £2bn deal hands business to Standard Life

  • Aegon sells its UK arm to Standard Life in a £2bn deal.
  • The move is part of a broader shift towards the US market.
  • The combined group will serve 16 million customers with £480bn in assets.

After nearly two centuries of presence, Aegon is stepping away from the UK market. The company has agreed to sell its UK business to Standard Life in a deal valued at about £2bn, marking a significant shift in its global strategy.

The transaction brings together two large pensions and savings businesses, creating a combined group with around 16 million customers and £480bn ($651bn) in assets under administration. For Aegon, the move is less about the UK itself and more about where it wants to be next.

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