15
Coffee Day Enterprises has reported a consolidated net loss of Rs 11.45 crore for the quarter ending June 2024. This marks a significant downturn compared to the net profit of Rs 20.55 crore achieved in the same quarter of the previous fiscal year.
In contrast, the company’s revenue showed a positive trajectory, increasing by 5.17% to Rs 260.07 crore for the June 2024 quarter. This represents a notable rise from Rs 247.29 crore reported in the June 2023 quarter.
Advertisements
The divergence between the revenue growth and net loss highlights the challenges faced by Coffee Day Enterprises in managing its costs and operational efficiency during this period.
Advertisements
Advertisements