Bombay Burmah Trading Corporation Ltd. (NSE: BBTC) is a diversified company with interests in tea, coffee, other plantation crops, textiles, and consumer products. The company is part of the Wadia Group and was founded in 1863. Its primary business is tea cultivation and processing, with operations in India, Africa, and Vietnam. BBTCL also operates a chain of retail stores under the “Good Earth” brand, which sells home decor, textiles, and fashion accessories. BBTCL has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact, promote social welfare, and enhance the livelihoods of its employees and local communities.
The company has reported total income of Rs. 4388.7 crore during the period ended December 31, 2022, a decrease from Rs. 4588.1 crore during the period ended September 30, 2022. However, compared to the same period of the previous year, the total income has increased by 17.87% from Rs. 3720.7 crore. The company has posted a net profit of Rs. 157.7 crore for the period ended December 31, 2022, which is a significant increase from the net loss of Rs. -60.1 crore for the period ended September 30, 2022. Compared to the same period of the previous year, the company has significantly improved its performance from a net loss of Rs. -2.2 crore to a net profit of Rs. 157.7 crore, an increase of 7126.25%.
The company has reported earnings per share (EPS) of Rs. 22.60 for the period ended December 31, 2022, compared to Rs. -8.63 for the period ended September 30, 2022. Similarly, compared to the same period of the previous year, the company has reported an increase in EPS from Rs. -0.32 to Rs. 22.60. For the nine month period ended December 31, 2022, the company has reported total income of Rs. 12906.2 crore, an increase of 16.10% from Rs. 11109.16 crore during the same period in the previous year. However, for the nine month period ended December 31, 2022, the company has reported a net loss of Rs. -67.2 crore, compared to a net profit of Rs. 115.2 crore during the same period in the previous year.
Bombay Burmah Trading Corporation Ltd. has reported a decline in total income during the quarter ended December 31, 2022, as compared to the previous quarter, but an increase in net profit. However, when compared to the same period in the previous year, the company has seen growth in both total income and net profit. For the nine month period ended December 31, 2022, the company reported a loss, which is a significant decline from the same period in the previous year. The company’s EPS has also fluctuated, with a positive EPS for the quarter ended December 31, 2022, and a negative EPS for the nine month period.