CCD’s Cafe Count Drops To 450 In FY24
The number of operational vending machines of Café Coffee Day has increased to 52,581 in the financial year 2024 (FY24) from 48,788 in FY22-23
The number of operational vending machines of Café Coffee Day has increased to 52,581 in the financial year 2024 (FY24) from 48,788 in FY22-23
Coffee Day Enterprises (CDEL) reported robust financial results for the fiscal year ending 31 March 2023. The company’s net revenues surged by 59 per cent to Rs 924 crore, compared to Rs 582 crore in the previous fiscal year. Its consolidated coffee business contributed significantly, accounting for 94 per cent of the net revenues, followed […]
Markets regulator SEBI on Wednesday imposed a penalty of Rs 25 crore on Coffee Day Enterprises (CDEL), which owns Cafe Coffee Day, for allegedly violating of securities laws. In a detailed investigation carried out by SEBI, the diversion of funds amounting to Rs 3,535 crore from seven subsidiaries of CDEL to Mysore Amalgamated Coffee Estates […]