Bellona Hospitality targets 100 restaurants and Rs 650 crore revenue by FY30
In short
Bellona Hospitality said it wants to grow to 100 restaurants and make Rs 600-650 crore in revenue by 2029-30.
It currently has 32 restaurants in five cities and about Rs 150 crore revenue in FY26. The report does not say how it will pay for the expansion or how fast the new outlets will open.
What the reporting says
Bellona Hospitality, the food and beverage arm of Phoenix Mills, said it is targeting Rs 600-650 crore revenue by 2029-30 as it expands to 100 restaurants from 32 across five cities. The company reportedly had about Rs 150 crore revenue in FY26, and it now operates six brands across Mumbai, Pune, Bengaluru, Ahmedabad and Lucknow. The story leaves unknown how quickly expansion will happen and how much capital it will need.
Why it matters
Bellona Hospitality, the food and beverage arm of Phoenix Mills, is targeting Rs 600-650 crore revenue by 2029-30 while expanding from 32 restaurants to 100. The company says it operates six brands across five cities, and it reported around Rs 150 crore revenue in FY26. The immediate implication is a large growth plan for the hospitality business, though funding and execution details are not stated.