Bombay Burmah Trading Corp Q4 Consol PAT at Rs 261.84 Cr

The consolidated net profit of Bombay Burmah Trading Corporation stood at 261.84 crore rupees in the fourth quarter of FY24 compared to a net loss of 1,608.81 crore rupees during the corresponding quarter ending March 2023.

Key Takeaways from Bombay Burmah Trading Corporations’ Performance:

• Reported consolidated net profit of 261.84 crore rupees.
• Revenue rose 3.27% to 4,105.38 crore rupees.
• The board recommended a final dividend of Rs 1.2 per share.

The company’s revenue from operation rose 3.27% to 4,105.38 crore rupees in the quarter ended March 2024, against 3,975.37 crore rupees during the previous quarter ended March 2023.

The on-year net profit was reported at 684.41 crore rupees in the year ended March 2024, opposing to the net loss of 1676.05 crore rupees during the previous year ended March 2023. 

Sequentially sales rose 3.55% to 16,882.59 crore rupees in the year ended March 2024 as against 16,303.39 crore rupees during the previous year ended March 2023.

The Directors of the company recommended a final dividend of Rs 1.2 per share, with the approval of shareholders.

About Bombay Burmah Trading Corporation:

Bombay Burmah Trading Corporation established in 1863, is the oldest Rupee company in India. The company acquired 155 hectares of Dunsandle Estate in the Nilgiris, which is one of the earliest planted estates in South India. Currently, the company has 2,822 hectares under a tea plantation and produces about 8 million kgs of tea annually.