Bombay Dyeing & Manufacturing Company Ltd's Q3FY25 Quarter Results
- 04 Feb 2025
Result Summary
- Bombay Dyeing & Manufacturing Company Ltd reported a 10.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 17.4%.
- Its expenses for the quarter were down by 6.4% QoQ and 10.7% YoY.
- The net profit decreased 82.2% QoQ and decreased 97.7% YoY.
- The earnings per share (EPS) of Bombay Dyeing & Manufacturing Company Ltd stood at 3.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 453.62 | 410.15 | 386.42 | 10.6% | 17.4% |
Total Expenses | 410.48 | 438.40 | 459.63 | -6.4% | -10.7% |
Profit Before Tax | 93.85 | 473.74 | 3807.33 | -80.2% | -97.5% |
Tax | 23.85 | 80.86 | 753.41 | -70.5% | -96.8% |
Profit After Tax | 70.06 | 393.02 | 3053.97 | -82.2% | -97.7% |
Earnings Per Share | 3.40 | 19.00 | 147.90 | -82.1% | -97.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Bombay Dyeing & Manufacturing Company Ltd is a prominent player in the Indian textile industry. The company is primarily known for its wide range of textile products, including bed linens, towels, and other fabric-based consumer goods. It has established itself as a household name through its quality offerings and innovative designs. Bombay Dyeing has been a significant contributor to the country's textile sector, which is a vital part of the Indian economy. While recent strategic initiatives or major developments specific to the latest quarter are not provided, the company continues to operate within the highly competitive textile market.
Revenue
During Q3FY25, Bombay Dyeing & Manufacturing Company Ltd reported a total income of ₹453.62 crores, marking an increase from both the previous quarter (Q2FY25) and the same quarter last year (Q3FY24). The company saw a quarter-over-quarter (QoQ) growth of 10.6% compared to ₹410.15 crores in Q2FY25. On a year-over-year (YoY) basis, the revenue increased by 17.4% from ₹386.42 crores in Q3FY24. This growth trajectory over both the quarterly and annual periods indicates a positive trend in the company's income generation capabilities, reflecting its ability to effectively leverage market opportunities.
Profitability
The profitability metrics for Bombay Dyeing & Manufacturing Company Ltd show a significant reduction in the latest quarter. The profit before tax (PBT) for Q3FY25 was ₹93.85 crores, which represents a decline of 80.2% on a QoQ basis from ₹473.74 crores in Q2FY25, and a dramatic reduction of 97.5% YoY from ₹3807.33 crores in Q3FY24. Similarly, the profit after tax (PAT) decreased to ₹70.06 crores in Q3FY25, down by 82.2% from the previous quarter and by 97.7% from the same quarter last year. The earnings per share (EPS) also fell sharply to ₹3.40 from ₹19.00 in Q2FY25 and ₹147.90 in Q3FY24, reflecting a consistent decline in profitability across these metrics.
Operating Metrics
The operating expenses for Q3FY25 were ₹410.48 crores, showing a decrease of 6.4% from the previous quarter's ₹438.40 crores and a reduction of 10.7% from ₹459.63 crores in Q3FY24. This decline in total expenses suggests cost management efforts by the company amidst fluctuating earnings. The tax expense for the quarter was ₹23.85 crores, down by 70.5% QoQ and 96.8% YoY, which is consistent with the significant decrease in pre-tax profits. Overall, the operating metrics reflect a decrease in both expenses and tax liabilities, aligning with the broader trend of reduced profitability observed in the company's financial performance during this period.
