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Coffee Day Enterprises Q1 Results: Firm swings to black, reports Rs 23 crore profit
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Coffee Day Enterprises Ltd (CDEL) has reported a consolidated net profit of Rs 22.51 crore for the first quarter ended June 2023. It had reported a loss of Rs 18 crore in April-June period a year ago, CDEL said in a BSE filing.
Revenue from operations was at Rs 247.29 crore during the quarter under review. It was at Rs 210.49 crore in the year-ago period.
Total expenses were at Rs 239.93 crore, marginally up from the year-ago period. Revenue from the coffee and related business was at Rs 233.20 crore and Rs 14.19 crore came from hospitality services during Q1FY24.
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