Bombay Burmah Trading Corporation Ltd's Q3FY19 standalone net loss widens to Rs12cr yoy
The company’s standalone revenue stood at Rs55cr, up 10% yoy but down 7% qoq.
Feb 04, 2019 10:02 IST India Infoline Research Team
Bombay Burmah Trading Corporation Ltd Q3FY19
Standalone Results Q3FY19: (Rs. in cr)
Q3FY19 | YoY (%) | |
---|---|---|
Revenue | 54.91 | 10.0 |
EBITDA | (-4.68) | NA |
EBITDA Margin (%) | -8.5 | 964 |
Net Loss (adjusted) | 11.64 | NA |
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Other Highlights
- We want to draw investors’ attention towards the fact that standalone revenues contribute only 2% to BBTC’s consolidated revenues (as per FY18 data). Hence, looking at just the standalone numbers does not at all reveal the true picture of its performance. The company declares only standalone financials in its quarterly result announcement. Consolidated numbers are declared only for annual performance.
Technical View:
Bombay Burmah Trading Corporation Ltd is currently trading at Rs. 1,206, up by 5.75 points or 0.48% from its previous closing of Rs. 1,200.25 on the BSE.
The scrip opened at Rs. 1,201.05 and has touched a high and low of Rs. 1,240 and Rs. 1,178 respectively. So far 1,17,419 (NSE+BSE) shares were traded on the counter. The stock is currently trading above its 200 DMA.