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

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

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. 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.

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.

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.

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