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.
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