MUMBAI: Bombay Dyeing is proving it’s not ready to fade into the background just yet. In its June 2025 quarter, the 146-year-old textile-to-real-estate player wove together Rs 11.48 crore in consolidated profit, only slightly off last year’s Rs 15.47 crore, despite feeling the tug of softer polyester margins and a sluggish real estate arm.
Revenue from operations slipped to Rs 377.84 crore from Rs 450.97 crore a year ago, with polyester sales steady at Rs 360.51 crore, retail/textiles ticking up to Rs 14.09 crore, but real estate plunging to nil from Rs 65.42 crore. Other income gave the top line a lift at Rs 36.68 crore, taking total income to Rs 414.52 crore.
Expenses eased to Rs 403.33 crore from Rs 452.69 crore, with raw material costs trimming to Rs 257.39 crore and other expenses at Rs 85.65 crore. Finance costs fell to Rs 3.61 crore, adding some breathing room, though depreciation held at Rs 7.84 crore.
Segment results showed a Rs 4.38 crore loss in real estate (worse than last year’s Rs 13.94 crore profit), while polyester contributed Rs 7.14 crore and retail/textiles Rs 3.19 crore. Exceptional items were negligible this time, a stark contrast to the Rs 552.56 crore windfall last year.
Tax adjustments including a Rs 5.97 crore prior-period reversal meant an overall tax credit, cushioning the bottom line. The quarter’s other comprehensive income surged to Rs 50.32 crore from a Rs 69.11 crore loss last quarter, thanks largely to equity investment gains, taking total comprehensive income to Rs 64.08 crore.
With Rs 2,407.09 crore in net capital employed and polyester still its mainstay, Bombay Dyeing may have some creases to iron out in real estate, but the Q1 fabric shows enough colour to keep investors watching.
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