Its latest filings, for the year ended December 27, show turnover fell to £29.2 million from £59.9 million a year earlier. It swung to a pre-tax loss of £3.77 million, from a pre-tax profit of £4.71 million in 2019.
Dishoom put the falls down to Covid-related closures and restrictions in 2020, saying the situation had a “profound impact on the company”.
Directors said they expect to return to profitability during 2021 and 2022, however, and that trading has been in line with expectations since indoor dining reopened in May.
Bosses said the company has enough cash in the bank to meet liabilities this year, even if there were national lockdowns forcing restaurants to close for a total of eight weeks – which they believe is unlikely due to current vaccination levels.