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Coffee Day posts Q1 net profit of Rs 1,672 cr, aided by Mindtree stake sale

The company had posted a net profit of Rs 21.06 crore in the April-June quarter a year ago

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While revenue from integrated multimodal logistics was up 11.91 per cent to Rs 362.07crore as against Rs 323.51 crore.

Press Trust of India New Delhi
Coffee Day Enterprises Ltd on Friday reported a consolidated net profit of Rs 1,672.41 crore for the April-June quarter, helped by stake sale in Mindtree.

The company had posted a net profit of Rs 21.06 crore in the April-June quarter a year ago, Coffee Day Enterprises Ltd (CDEL) said in a BSE filing.

Its revenue from operation was down 4.06 per cent to Rs 926.80 crore as against Rs966.04 crore in the corresponding quarter of the last fiscal.

Total expenses stood atRs 1,128.57 crore in the June quarter of FY21, as against Rs 981.16 crore a year ago, up 15.02