Bombay Burmah Q2 Results | Net profit falls 4% to ₹242 crore despite revenue, EBITDA growth

The Bombay Burmah Trading Corporation Ltd on Friday (November 14) reported a 4.4% year-on-year decline in net profit to ₹242 crore for the September quarter, compared with ₹253 crore in the same period last year.

Revenue grew 3.8% to ₹4,942.8 crore from ₹4,760.8 crore a year earlier. EBITDA rose 29.3% to ₹938.6 crore against ₹724 crore in the prior year. EBITDA margin improved to 19% from 15.2% year-on-year.

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Set up in 1863, Bombay Burmah is India's oldest publicly traded company, and was established to engage in the Burmese tea business. It has interests in plantations, foods, textiles, chemicals, electronics and light engineering, health care, and real estate.

As of 01:30 PM, shares of Bombay Burmah Trading Corporation Ltd were trading at ₹1,841.85, down by ₹33.15, or 1.77%, on the BSE.