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Coffee Day Enterprises Limited has announced a board meeting to consider the financial results for the quarter and nine months ended December 31, 2024. The consolidated revenue for Q3FY25 was ₹280 crores, an increase of 9% year-over-year, while EBITDA declined sharply to ₹42 crores, down 66% compared to the previous year. The net loss attributable to owners was ₹10 crores, contrasting with a profit of ₹69 crores in Q3FY24.
The company is undergoing restructuring due to breaches in loan covenants, leading to a corporate insolvency resolution process. This situation may heighten investor caution given ongoing legal disputes and defaults on repayments. However, the revenue growth demonstrates potential recovery dynamics, underpinning a cautious but positive outlook on long-term performance.