Q1 FY24 — 30 Sept 2023
Bombay Burmah Q1 FY24
Bombay Burmah's FY23 performance was severely impacted by the insolvency of its associate, Go Airlines, leading to a significant consolidated loss despite 14% revenue growth. The company is pivotally managing its balance sheet through strategic divestments, such as the ₹291 crore coffee business sale, and focusing on growth in its Auto and Healthcare segments. Management expects the GoAir-related financial drag to conclude following a final ₹210 crore provision in Q1 FY24.
Read the full call






