Total expenses increased 0.92% to Rs 239.93 crore in Q1 FY24 as compared with Rs 237.75 crore in Q1 FY23. Employee benefit expense stood at Rs 34.26 crore (down 7.61%), finance cost was at Rs 9.39 crore (down 45.44%) during the period under review.

EBITDA stood at Rs 63 crore, registering the growth of 97% as compared with Rs 32 crore posted in corresponding quarter last year.

The company's subsidiary, Coffee Day Global business reported net profit of Rs 25 crore in Q1 FY24 as against net loss of Rs 12 crore posted in same quarter last year.

The subsidiary reported revenue of Rs 233 crore, was up 23%YoY in Q1 FY24.Operational EBITDA jumped 58% YoY to Rs 26 crore during the quarter.

The firm's average sales per day (ASPD) increased to 20,284 during the quarter as compared with 19,537 recorded in corresponding quarter last year. During the quarter same store sales growth (SSSG) declined to 7.6% from 174.7% in Q1 FY23.

Café outlets reduced to 467 in Q1 FY24 from 493 in Q1 FY23. Vending machine stood at 50,870 in Q1 FY24 as against 46,603 in Q1 FY23.

Coffee Day Enterprises Limited is the holding company for Coffee Day group. The key companies of the group are – Coffee Day Global (coffee business), Sical Logistics (integrated logistics), Tanglin Development (real estate), Way2Wealth (financial services) and Coffee Day Hotels and Resorts (hospitality).