The dent in its books was caused by a September 2023 RBI communique spelling out how banks should value derivatives. It said all derivatives must be marked to market (MTM), which requires valuing assets and liabilities according to prevailing market price.
Coffee Day Enterprises Q4 Results: Company narrows loss to Rs 114 crore, revenue up 7%
Coffee Day Enterprises Ltd. significantly reduced its consolidated net loss to Rs 114.16 crore in Q4 FY25, compared to Rs 296.40 crore in the previous