Bombay Dyeing & Manufacturing Company Ltd, engaged in real estate development, polyester staple fibre, and textiles retail, reported a significant decline in profits for Q2FY26.
Financial Highlights:
- Revenues declined 4.73% year-on-year to ₹362.63 crore from ₹380.63 crore.
- Total expenses fell 11.61% to ₹387.48 crore from ₹438.40 crore.
- Consolidated net profit plunged 99.51% to ₹1.92 crore from ₹393.02 crore.
- Earnings per share dropped 99.53% to ₹0.09 from ₹19.03.
The drastic profit fall was driven by exceptional factors along with lower revenues, despite a decline in expenses.
Outlook:
Bombay Dyeing & Manufacturing Company Ltd is focused on stabilizing its core businesses and exploring strategic initiatives to restore profitability in coming quarters.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
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