The Bombay Burmah Trading Corporation, Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 11, 2023 at 11:04 am EST
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The Bombay Burmah Trading Corporation, Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 43,887.47 million compared to INR 37,207.09 million a year ago. Net income was INR 1,577.07 million compared to net loss of INR 22.27 million a year ago. Basic earnings per share from continuing operations was INR 22.6 compared to basic loss per share from continuing operations of INR 0.32 a year ago. Diluted earnings per share from continuing operations was INR 22.6 compared to diluted loss per share from continuing operations of INR 0.32 a year ago.
For the nine months, revenue was INR 129,062.49 million compared to INR 111,091.66 million a year ago. Net loss was INR 672.46 million compared to net income of INR 1,152.62 million a year ago. Basic loss per share from continuing operations was INR 9.64 compared to basic earnings per share from continuing operations of INR 16.52 a year ago. Diluted loss per share from continuing operations was INR 9.64 compared to diluted earnings per share from continuing operations of INR 16.52 a year ago.
The Bombay Burmah Trading Corporation Limited is an India-based multi-product and multi-divisional company. The Companyâs segments include Plantation-Tea, Plantation-Coffee, Auto Electrical Components (AEC), Investments, Horticulture, Healthcare, Food - Bakery & dairy products, and Others. Plantation-Tea segment produces/trades in tea business. Plantation-Coffee segment produces/trades in coffee business. Health Care segment manufactures/trades in dental products. AEC segment manufactures, solenoids, switches, valves, slip rings and others. for automobile and other industries. Investments segment invests in various securities listed, as well as unlisted mainly on a long-term basis. Horticulture segment deals with decorative plants and landscaping services. Food-Bakery & dairy products segment represents bakery and dairy products. Others segment manufactures/trades in analytical, precision balances and weighing scales and property development.