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Coffee Day brews 51% Q1 profit rise to `27 crore

Coffee Day brews 51% Q1 profit   rise to `27 crore
Coffee Day Enterprises Ltd, which runs the popular Cafe Coffee Day chain, on Thursday reported a 51.15 per cent 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 previous fiscal.
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 per cent down at Rs 237.70 on BSE.

Agencies

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