Bombay Dyeing Q4 results reported

06 May 2022, Mumbai:

Net loss of Bombay Dyeing & Manufacturing Co declined to Rs 41.74 crore during Q4 FY 2021-22 from Rs 166.74 crore in net loss reported in Q4 FY2020-21.

The company reported a consolidated net loss of Rs 460.32 crore for the fiscal year ended March 2022. In 2020-21, it had reported a net loss of Rs 469.13 crore.

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Its revenue from operations was at Rs 2,000.92 crore in 2021-22. This was 67.66 percent higher than Rs 1,193.42 crore in the year-ago period.

Revenue from operations increased 19.85 percent to Rs 598.01 crore, as against Rs 498.95 crore a year ago.

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Total expenses also increased 5.53 percent to Rs 645.08 crore, as against Rs 611.22 crore in the year-ago period.

Revenue from the polyester business rose 61.01 percent to Rs 455.52 crore, as against Rs 282.91 crore in Q4 FY 2020-21; revenue from the retail/textile business surged to Rs 1.89 crore, as against Rs 5.84 crore.

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