Coffee Day Enterpris posts Q3 net loss of Rs 65.69 cr
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The company reported standalone net loss during the quarter stood at Rs 65.69 crore as compared to net loss of Rs 14.97 crore in the previous year quarter. Net revenue of the company rose moderately by 14.05 per cent at Rs 4.14 crore in October-December quarter of this fiscal as against Rs 3.63 crore in the corresponding period last year. During October-December quarter, operating expenses increased by 57.63 per cent to Rs 5.58 crore from Rs 3.54 crore in year ago period. Other Income dipped by 95.24 per cent at Rs 0.01 crore versus (Dec'19 Rs 0.21 crore). Operating Profit slipped by 1540.00 per cent to Rs -1.44 crore as against Rs 0.10 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1428.63 per cent in December quarter. Interest grew by 4.95 per cent y-o-y to Rs 17.61 crore
