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India’s Café Coffee Day shows signs of recovery as trading improves

Café Coffee Day is showing signs of recovery after posting a fourth quarter profit and reducing store closures, indicating that the Indian coffee chain is turning a corner following previous debt challenges and the devastating impact of Covid-19

Indicating that trading conditions have improved in India, Café Coffee Day’s average daily sales rose nearly 12% in its fourth quarter. | Photo credit: ALensAndSomeLuck via Shutterstock

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