25 Jun 2019 | 10:28 PM

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COMPANYNEWS
Coffee Day Enterpris posts Q4 net loss of Rs 22.28 cr
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Published on 05-24-2019
The company reported standalone net loss during the quarter stood at Rs 22.28 crore as compared to net loss of Rs 16.52 crore in the previous year quarter.


Net revenue of the company rose substantially by 43.66 per cent at Rs 76.90 crore in January-March quarter of this fiscal as against Rs 53.53 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 87.48 per cent to Rs 74.58 crore from Rs 39.78 crore in year ago period.


Other Income grew by 8.89 per cent at Rs 0.49 crore versus (Mar`18 Rs 0.45 crore).


Operating Profit slipped by 83.14 per cent to Rs 2.32 crore as against Rs 13.76 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 88.29 per cent in March quarter.


Interest declined by 18.39 per cent y-o-y to Rs 24.98 crore