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Coffee Day Global Posts Retail Net Loss

From: thehindubusinessline.com

Coffee Day Global, the coffee business subsidiary of Coffee Day Enterprises, posted a retail net loss of 80 crore during the fourth quarter 2019-20.

Its retail revenue was down 22 per cent at 272 crore for the period. The coffee vending machines during the period increased to 58,697 from 56,797 in the previous year. The coffee outlet reduced to 1,192 from 1,752 a year ago.

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