The Bombay Burmah Trading Corporation (501425) Q1 24/25 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter ended 30 June 2024 were approved and published, with limited review reports provided by auditors.

• Board approved the appointment of Mr. Keki Manchersha Elavia as Additional Non-Executive Independent Director for five years, subject to member approval.

• Retirement of CFO Mr. N H Datanwala due to age and health; Mrs. Lalita Rajesh appointed as new CFO effective 9 August 2024.

Financial highlights

• Standalone revenue from operations for Q1 FY25 was ₹6,550.55 lakhs, up from ₹5,841.45 lakhs in Q1 FY24.

• Standalone net profit after tax for Q1 FY25 was ₹843.08 lakhs, compared to a loss of ₹1,669.69 lakhs in Q1 FY24.

• Consolidated revenue from operations for Q1 FY25 was ₹433,343.36 lakhs, up from ₹408,661.81 lakhs in Q1 FY24.

• Consolidated profit after tax for Q1 FY25 was ₹54,872.24 lakhs, compared to ₹6,803.55 lakhs in Q1 FY24.

Outlook and guidance

• No explicit forward-looking guidance provided, but Board actions and segment performance indicate ongoing restructuring and focus on operational efficiency.