5/7/2024, 3:20:08 pm

Coffee Day Enterprises' total default at Rs 433.91 crore in Q1 FY25

Coffee Day Enterprises Ltd has reported a total default of Rs 433.91 crore on loan payments, including Rs 183.36 crore in principal and Rs 5.78 crore in interest, to banks, financial institutions, and unlisted debt securities as of June 30, 2024. The company has not added interest since 2021 due to a liquidity crisis, and lenders have sent loan recall notices and initiated legal disputes.