Coffee Day Enterpris posts Q2 net loss of Rs 18.66 cr
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The company reported standalone net loss during the quarter stood at Rs 18.66 crore as compared to net loss of Rs 19.05 crore in the previous year quarter. Net revenue of the company rose triple digit by 131.40 per cent at Rs 3.98 crore in July-September quarter of this fiscal as against Rs 1.72 crore in the corresponding period last year. During July-September quarter, operating expenses increased by 59.15 per cent to Rs 5.22 crore from Rs 3.28 crore in year ago period. Other Income dipped by 75.00 per cent at Rs 0.01 crore versus (Sep'20 Rs 0.04 crore). Operating Profit slipped by 21.15 per cent to Rs -1.23 crore as against Rs -1.56 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 65.70 per cent in September quarter. Interest declined by 0.63 per cent y-o-y to Rs 17.28 crore
