Coffee Day Global Ltd, which operates coffee chain Cafe Coffee Day (CCD), discarded about 30,000 custom-made cabinets used for vending machines at its customers’ places in the last financial year as pandemic took a toll on demand.
According to a regulatory filing by Coffee Day Global Ltd’s (CDGL) parent firm Coffee Day Enterprises Ltd on Wednesday, a lot of vending machines installed by the company have been withdrawn from customers’ locations in view of the pandemic situation.
Coffee Day Global Ltd (CDGL) reported a consolidated net loss of Rs 306.54 crore for the financial year ended on March 31, 2021 and its revenue from operation was down 73.4 per cent Rs 400.81 crore.