Coffee Day Enterprises (CDEL) reported a net profit of Rs 1,509 crore in the first quarter of this financial year as it booked a one-time gain of Rs 1,659 crore from the sale of Mindtree stake.
Net profit stood at Rs 17 crore in the first quarter of last financial year, while it was at Rs 26 crore in Q4 of FY19. Excluding the gain, CDEL, however, reported a loss of Rs 156.6 crore for the April-June period.