Coffee Day Enterprises share price surged in early trading on Wednesday, hitting the upper circuit of 9.98% at ₹39.86 on the BSE. This was a sharp jump from its previous close of ₹36.24. The rally in the stock lifted the company’s market capitalisation to ₹842 crore.
This momentum follows a strong session on Tuesday, when the stock had already closed 7% higher at ₹36.24. Notably, it had surged to ₹37.25 in the final minutes of Tuesday’s trade.
The recent rally in Coffee Day’s stock comes after the company posted improved financial results for the March 2025 quarter. The company reported a significant narrowing of its consolidated net loss to ₹114.16 crore, compared to a loss of ₹296.40 crore in the same quarter last year.
Revenue from operations also increased by 7%, rising to ₹268.03 crore from ₹250.65 crore in the year-ago period. However, total expenses during the quarter rose by 24% to ₹313.54 crore.
For the full financial year ending March 31, 2025, Coffee Day Enterprises reduced its net loss to ₹143.20 crore, compared to ₹307.43 crore in FY24. The company’s total consolidated income also saw a marginal increase, reaching ₹1,125.64 crore.
Coffee Day Enterprises is the parent company of the Coffee Day Group, which operates the popular Café Coffee Day chain across India. The company has been working to reduce debt and streamline operations following financial difficulties in recent years.
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The strong upward movement in Coffee Day shares reflects investor optimism about the company’s efforts to cut losses and stabilise its business. With improving financials and a loyal customer base, the company appears to be slowly regaining market confidence.
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Published on: Jul 16, 2025, 2:39 PM IST
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