Coffee Day Enterprises has reported a total default of Rs 465.66 crore on payments of interest and repayment of principal amount on loans from banks, financial institutions and Unlisted Debt Securities as NCDs and NCRPS, for the quarter ended September 30, 2022 (Q2 FY23).
Coffee Day Enterprises has a total debt of Rs 490.66 crore, including short-term and long-term debt. As per the company, the delay in debt servicing is due to liquidity crisis.
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.
