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Bombay Dyeing

Bombay Dyeing & Manufacturing Co Ltd on Thursday reported a narrowing down of its consolidated loss after tax of Rs 51.99 crore for the second quarter ended September 30, 2023.
The company had posted a net loss of Rs 93.02 crore in the July-September period a year ago, according to a regulatory filing from Bombay Dyeing & Manufacturing.
Its revenue from operations fell 40.87 per cent to Rs 440.60 crore during the quarter under review as against Rs 745.22 crore in the year-ago period.
Total expenses for the September quarter were at Rs 581.11 crore, down 33.48 per cent.
Bombay Dyeing & Manufacturing's total income in the September quarter was Rs 457.12 crore.
Its income from the Real Estate segment declined to Rs 80.60 crore in the September quarter FY24 in comparison to Rs 280.48 crore.
Similarly, revenue from the Polyester segment stood at Rs 344.19 crore as against Rs 449.24 crore in the corresponding quarter.
However, revenue from Retail/ Textile grew Rs 15.81 crore ...

Press Trust of India

The average trading volumes on the counter jumped over five-fold today with combined 18.96 million equity shares changing hands on the NSE and BSE till 09:24 AM.

Business Standard

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Stocks to watch on Thursday, September 14, 2023: Delta Corp, Indiabulls Housing Finance, IEX, India Cements, Manappuram, REC and SAIL among stocks in F&O ban today.

Leading textile company Bombay Dyeing & MFG Co on Wednesday said its standalone net loss widened to Rs 119.84 crore for the first quarter ended June 30.
It had posted a net loss of Rs 76.84 crore in the corresponding period of the previous year.
The company has attributed this decline to lower sales in its polyester vertical.
Its revenue from operations also declined to Rs 498 crore during the quarter against Rs 606 crore in the year-ago period, the company said in a regulatory filing.
The company's revenue from polyester business fell to Rs 351 crore during the quarter under review compared to Rs 456 crore a year ago.
In a parallel development, the board of directors approved the termination of the Deposit Agreement with Citibank NA for the company's Global Depository Receipts (GDRs). Additionally, its GDRs are set to be delisted from the Luxembourg Stock Exchange.
Shares of Bombay Dyeing & MFG Co on Wednesday settled at Rs 115.60 apiece on BSE, up 2.71 per cent from the ...

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