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Coffee Day Enterprises Q1 net profit rises 51% at Rs 27 crore

The firm had reported a net profit of Rs 17.75 cr in the corresponding period of FY17

Coffee Day Enterprises Q1 net profit rises 51% at Rs 27 crore

Girls sit at the window of a Cafe Coffee Day outlet in Mumbai,

Press Trust of India New Delhi
Coffee Day Enterprises Ltd, which runs the popular Cafe Coffee Day (CCD) chain, today reported a 51.15% increase in consolidated net profit to Rs 26.83 crore for the first quarter ended June 30, 2017.

The company had reported a net profit of Rs 17.75 crore in the corresponding period of the previous financial year.

Its total income from operations grew to Rs 830.41 crore during the quarter under review as against Rs 755.86 crore in the corresponding quarter of year-ago period, Coffee Day Enterprises said in a BSE filing.

Expenses during the quarter stood at Rs 810.62 crore, as against Rs 749.39 crore a year ago.
 

Shares of Coffee Day Enterprises ended 1.90% down at Rs 237.70 on BSE.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Aug 10 2017 | 8:05 PM IST

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