Bombay Burmah announced its Q2 financial results, showing steady operational progress with higher revenue and stronger margins, even though net profit recorded a slight year-on-year decline. The company reported a net profit of ₹242 crore for the quarter, compared with ₹253 crore last year, marking a decrease of 4.4%.
Revenue for the period rose to ₹4,942.8 crore from ₹4,760.8 crore a year earlier, reflecting growth of 3.8%. Operating performance showed a significant improvement, with EBITDA increasing to ₹938.6 crore versus ₹724 crore in the same quarter last year, registering a robust rise of 29.3%.
The EBITDA margin improved to 19% compared with 15.2% in the corresponding quarter, supported by stronger operational efficiencies and better cost control.
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