Coffee Day Enterprises Q1 net down 20 pc to Rs 21 cr

Coffee Day Enterprises, which runs the popular Cafe Coffee Day chain, today reported 20.15 percent decline in consolidated net profit at Rs 21 crore for the June quarter, 2018-19. The company had reported a net profit of Rs 26.3 crore in the year-ago period, Coffee Day Enterprises said in a BSE filing.

Total income stood at Rs 1,002.8 crore during the quarter under review. It was Rs 830.4 crore in the year-ago period.

As of June 2018, its cafe network stood at 1,742 outlets spread across 246 cities in India, it said.

Shares of Coffee Day Enterprises today settled at Rs 271.95 apiece, down 0.31 percent from the previous close on BSE.

Source:-https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/coffee-day-enterprises-q1-net-down-20-pc-to-rs-21-cr/65339884

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