Coffee Day’s Q1 net profit at Rs 11.40 crore

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Mumbai, Aug 11 (IANS) Coffee Day Enterprises on Thursday reported a consolidated net profit of Rs 11.40 crore for the first quarter ended June 30.

The company’s consolidated net loss stood at Rs 78.31 per cent during the like period in 2015, it said in a regulatory filing.

The consolidated net income from operations of the company stood at Rs 739.49 — up 21.10 per cent, from Rs 610.64 crore during the corresponding period last year.

The standalone net loss of the company reduced by 70.40 per cent to Rs 27.27 crore from a net loss of Rs 92.12 crore reported in Q1 in last fiscal.

However, the net income from operations of the company during the quarter under review stood at Rs 9.83 crore — down 16.18 per cent, from Rs 11.72 crore reported during the corresponding period in last fiscal.

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