Categories Earnings
Earnings | Bombay Burmah Trading Corporation Limited (NSE: BBTC) | Q4FY23 Results Out; Total Income rises 10% YoY.
Bombay Burmah Trading Corporation Limited holds a prominent position as the flagship company of the Wadia Group. Originally, BBTCL was established to cater to the domestic demand for Teak, having taken over the Teak business of William Wallace. In 1913, the company diversified its portfolio and ventured into tea plantations by investing in tea estates in South India. Today, BBTCL operates in a wide range of businesses, including tea, coffee, other plantation products, biscuits, dairy products, auto electric and white goods, weighing products, horticulture, healthcare products, and dental, orthopedic, and ophthalmic products. The company’s diversified presence showcases its extensive reach across various sectors.
- Bombay Burmah Trading Corporation Limited Reported Total Income for Q4 FY23 of ₹4,191 Crore up from ₹3,798 Crore year on year, a growth of 10%.
- Total Expenses for Q4 FY23 of ₹ 3,500 Crore up from ₹3,225 Crore year on year, a growth of 8%.
- Consolidated Net Loss of ₹1,348 Crore, down 764% from ₹156 Crore Net Profit in the same quarter of the previous year.
- The Earnings per Share is ₹ -231.30, down 301% from ₹ -7.43 in the same quarter of the previous year.
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