Coffee Day Enterprises (CDEL) has reduced debt ''significantly'' and the management is putting its best efforts to get back the company on track. According to its latest annual report, CDEL's net debt as on March 31, 2021 was Rs 1,731 crore.
Coffee Day Enterprises is the parent company of the Coffee Day Group, which houses Cafe Coffee Day that pioneered the coffee culture in the chained cafe segment in India.