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Coffee Day Enterprise reports many fold jumps in Q1 consolidated net profit

14 Nov 2019 Evaluate

Coffee Day Enterprise has reported results for first quarter ended June 30, 2019.

The company has reported a net profit at Rs 1,256.69 crore for the quarter under review against net loss of Rs 14.43 crore for the same quarter in the previous year. However, total income of the company decreased by 29.54% at Rs 11.33 crore for Q1FY20 as compared Rs 16.08 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported many fold jumps in its net profit at Rs 1,567.20 crore for the quarter under review as compared to Rs 21.06 crore for the same quarter in the previous year. However, total income of the company marginally decreased by 0.17% at Rs 988 crore for Q1FY20 as compared Rs 989.70 crore for the corresponding quarter previous year.

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