Coffee Day
Coffee Day shares jump 10% as Q4 profit surprise sparks investor rush ahead of Shivakumar's Karnataka CM oath
Mumbai/IBNS: Shares of Coffee Day Enterprises surged nearly 10 percent on Monday after the company reported a sharp turnaround in its fourth-quarter earnings, boosting investor confidence in the operator of the Cafe Coffee Day chain.
The stock climbed 9.98 percent to Rs. 38.25 apiece during the trading session.
Stock Gains Ahead Of Shivakumar's Swearing-In
The rally in Coffee Day shares also came just ahead of senior Congress leader D.K. Shivakumar's swearing-in as the Chief Minister of Karnataka on June 3.
Shivakumar's daughter, Aishwarya Shivakumar, is married to Amartya Hegde, the son of late Cafe Coffee Day founder V.G. Siddhartha.
Strong Q4 Turnaround
Coffee Day Enterprises, the parent company of Cafe Coffee Day, posted a consolidated net profit of Rs. 132.06 crore for the quarter ended March 2026, compared to a net loss of Rs. 33.02 crore in the corresponding quarter last year.
The company's revenue rose 4.66 percent year-on-year to Rs. 280.51 crore from Rs. 268.03 crore.
- Net Profit: Rs. 132.06 crore, compared to a loss of Rs. 33.02 crore a year ago
- Revenue: Rs. 280.51 crore, up from Rs. 268.03 crore
- Operating Profit Margin (OPM): Improved to 18.09 percent from 10.48 percent
- Profit Before Tax (PBT): Loss narrowed sharply to Rs. 0.76 crore from Rs. 32.96 crore in the year-ago quarter
The return to profitability and improvement in operating margins have strengthened investor sentiment around the company, which has been working to stabilise its finances and business operations in recent years following the death of founder V.G. Siddhartha in 2019.
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