Q3FY22 Earnings: Coffee Day Global, Shriram Properties declare results; key highlights here

 A few listed companies on the BSE and NSE announced their quarterly results on Tuesday. Among them were Coffee Day Global and Shriram Properties. Here are the key highlights of the results declared by the two companies for the quarter ended December 2021.

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Coffee Day Global Q3 revenue up 28%; loss at Rs 23 cr

Coffee Day Global Ltd, which operates coffee chain CCD, has posted 27.58 per cent growth in net operational revenue at Rs 157.86 crore and narrowing of loss to Rs 23.01 crore, for December quarter 2021-22.

The Cafe Coffee Day chain operator had logged a net operational revenue of Rs 123.73 for the year-ago period. Its loss after taxes was at Rs 66.11 crore in December quarter 2020-21, according to a regulatory filing.

Its average sale per day was up 34 per cent to Rs 17,401 during the quarter as against Rs 12,987 in October-December last fiscal year.

Average sale per day in July-September was Rs 14,378.

During the quarter under review, its same-store sales growth was up 25.3 per cent.

However, year-on-year, its cafe outlet count was down by 18.4 per cent as the number of operational stores came down to 501.

It was operating 521 stores in July-September, 2021-22 and 614 in the December quarter last fiscal year.

Similarly, its vending machine count was down to 44,420 during the quarter under review from 47,155 in the year-ago period.

However, the vending machine count was higher from 43,327 in July-September.

On Monday, its parent firm, Coffee Day Enterprises Ltd (CDEL) announced its results, including that of step-down subsidiary Coffee Day Global.

As the company is an unlisted entity, it is not mandatorily required to prepare the financial result in accordance with the listing regulations. However, the company has voluntarily prepared the financial results using the formats prescribed by the listing regulations, said CDEL.

Shaes of Coffee day ended at 60.90 on the NSE, up nearly 10 per cent from the last closing price on Monday.

Shriram Properties posts Rs 13.2 cr profit in December qurter

Shriram Properties has posted a net profit of Rs 13.21 crore for the quarter ended December.

It had posted a net loss of Rs 27.16 crore in the year-ago period, the company said.

Total income, however, fell to Rs 130.12 crore in the third quarter of the fiscal from Rs 161.70 crore in the corresponding period of the previous year.

This is the first quarterly result of Bengaluru-based Shriram Properties after it got listed on the stock exchanges. 

Shriram Properties ended at 88.90 on the NSE, up over 2 per cent from the last closing price on Monday.