Today, the share price of Coffee Day Enterprises, the company that runs the famous coffee chain Cafe Coffee Day (CCD), got locked in a 10% upper circuit.
The company announced its Q3 FY22 (Quarter 3 Financial Year 22) Results yesterday. Which was taken positively by the market and the investors.
Coffee Day recorded a consolidated net profit of Rs 18.8 crore in quarter 3 of FY 22 as compared to a net loss of Rs 110.41 crore in the same period last year.
The company’s revenue from operation decreased by 31.41% on a year-on-year basis to a record 183.49 crores in quarter 3 of the financial year 22.
However, the company’s total expenses were reduced by 58.97% on a year-on-year basis.
Apart from this, the company’s revenue from coffee and related business increased by 27.59% year-on-year to a record Rs 157.86 crore.
|52 Week High||86.80|
|52 Week Low||20.20|
|Mkt Cap (Rs. Cr.)||1,413|
|Book Value Per Share||184.40|
|Net Profit 2021 (Rs. Cr.)||-627|
|Debt to equity (2021)||0.20|
|Revenue 2021 (Rs. Cr.)||853|
|Dividend/Share (INR) (Mar 2021)||0.00|
This article is only for education purpose and the author has his own views and research, so if you invest in these stocks then do it at your own risk and do the research yourself before investing.