The Bombay Burmah Trading (BBTC) — concall transcript

📢 Key Event
BBTC reported a consolidated net loss of INR76.72 crores for 9 months ended December 2022 due to Go Airlines impairment provision.

🔄 What Changed
1,865.65 crore impairment provision for Go Airlines; standalone profit of INR8.79 crores; revenue growth to 16,303 crores

🔮 What's Next
No explicit future guidance or deadlines were stated in the transcript.

💡 Investor Takeaway
The company's profitability is being negatively impacted by Go Airlines' financial distress, requiring ongoing monitoring of its resolution.

During the 158th AGM, Chairman Nusli Wadia highlighted a consolidated net loss of INR76.72 crores for the 9-month period ended December 2022, driven by a 1,865.65 crore impairment provision related to Go Airlines, while standalone operations reported a profit of INR8.79 crores. Management emphasized progress in auto components and healthcare segments, with revenue growth to 16,303 crores, and noted full provisioning for Go Airlines exposure. Shareholders raised concerns about Go Airlines liability resolution, face value restructuring, and operational challenges in tea and coffee businesses.

📄 View Original Announcement (PDF)

📊 Stock Analysis — BBTC ✨ Ask AI About This

About The Bombay Burmah Trading Corporation Ltd (BBTC)

Automobile and Auto Components · Auto Ancillaries · Listed on BSE

Market Cap: ₹10,423.57 Cr P/E: 8.1 ROE: 36.7% ROCE: 41.8% Div Yield: 1.14%

View full BBTC stock details →

📡 Get AI alerts when BBTC files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track BBTC — Free

💡 Ask AI about this filing

"What is the exact amount of Go Airlines liability to be accounted for in the current quarter?" "When will the audited financials of Go Airlines be available to assess full impact?" "How will the company address the 1,865.65 crore impairment in future profitability?"

Ask AI Free →

📊 More BBTC filings

See all BBTC filings →

🔥 Also filed on 30 September 2023

PANAMAPET Panama Petrochem Ltd concall transcript M&M Mahindra & Mahindra Ltd concall transcript SBIN State Bank of India concall transcript ETERNAL Eternal Ltd concall transcript BAJFINANCE Bajaj Finance Ltd concall transcript ASIANPAINT Asian Paints Ltd concall transcript

View all today's announcements →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when BBTC files new disclosures

Track BBTC filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track BBTC — Free

Free account · 2 AI queries/day

About · Privacy Policy · Terms of Service · Pricing

Today's Announcements · Screener · Insights · AI Chat

Data provided by CMOTS Internet Technologies Pvt Ltd