Representational image of a Cafe Coffee Day outlet in New Delhi
| Photo Credit: Reuters
Coffee Day Enterprises Ltd (CDEL) has brought down its net loss to ₹33 crore during the fourth quarter of FY25 from a net loss of ₹303 crore it posted in the corresponding quarter a year ago, as per a regulatory filing by the company on Thursday.
During the full year, the company reported a net loss of ₹58 crore as against a net loss of ₹322 crore a year ago.
However, both Q4 revenue and full-year revenue grew by 7% and 6% year-on-year at ₹268 crore and ₹1,078 crore, respectively, as per the filing.
CDEL, which has been going through tough times over the last four years, has also reported a significant improvement in EBITDA. Its EBITDA for Q4 stood at ₹89 crore as against ₹-319 crore in the corresponding quarter a year ago while its full year EBITDA grew to ₹223 crore against ₹-208 crore a year ago, the company stated.
As per the filing, during the fiscal year, CDEL raised ₹55.80 crore on the sale of corporate buildings by Coffee Day Global Limited, one of its subsidiaries that operates a cafe chain. It also received a profit of ₹15.55 crore on the sale of land held by Coffee Day Hotels & Resorts Private Limited, another subsidiary firm. The company incurred an expense of ₹45.22 crore on behalf of Tanglin Developments Limited (subsidiary) for non-satisfaction of certain CPs as agreed to in the sale agreement of Bangalore undertaking of Tanglin Developments Limited (subsidiary), it further stated.
Published – May 30, 2025 11:10 am IST
