The Board of Directors of The Bombay Burmah Trading Corporation Limited met on February 13, 2026, to approve the Unaudited Financial Results for the third quarter and nine months ended December 31, 2025. Crucially, the Board also declared an Interim Dividend of 850%, equivalent to ₹17/- per Equity Share, for FY 2025-26. Furthermore, the Board re-appointed Mr. Ness N. Wadia as Managing Director for five years starting April 1, 2026.
Board Meeting Highlights for Q3 FY 2025-26
The Board of Directors of The Bombay Burmah Trading Corporation Limited held a meeting on February 13, 2026, during which several significant business items were addressed and approved.
Unaudited Financial Results Approval
The Board considered and approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended December 31, 2025, and for the nine months ended the same date. The standalone results showed a Profit/(Loss) After Tax of ₹102.52 crores for the quarter, compared to a loss of (₹7.42 crores) in the corresponding quarter last year. For the nine months ended December 31, 2025, the standalone Profit After Tax stood at ₹128.37 crores.
In the consolidated results, the Profit After Tax for the quarter ended December 31, 2025, was ₹654.82 crores, and for the nine-month period, it was ₹1,718.45 crores.
Declaration of Interim Dividend
The Board declared an Interim Dividend at the rate of 850%, which translates to Rs. 17/- per Equity Share (face value of Re. 2/- each) for the Financial Year 2025-26. The Board fixed Friday, February 20, 2026, as the record date for determining the eligibility of shareholders for this payment.
Re-appointment of Managing Director
Based on the Nomination and Remuneration Committee’s recommendation, the Board approved the re-appointment of Mr. Ness N. Wadia as the Managing Director. This reappointment is for a period of 5 years, commencing from April 1, 2026, up to March 31, 2031. This decision is subject to the approval of the company members via Postal Ballot/Extra-Ordinary General Meeting.
Mr. Wadia is detailed as a third-generation industrialist with over three decades of cross-sector leadership. The announcement notes his educational background, including an M.Sc. in Engineering Management from the University of Warwick, and his current roles as Chairman of National Peroxide Limited and Director on boards of various Wadia Group companies, including Britannia Industries Limited.
Auditor’s Review Conclusion
The Independent Auditor’s Review Report on the standalone results confirms that nothing has come to their attention to indicate material misstatements, provided the company follows the relevant accounting standards. For the consolidated results, the auditors confirmed reliance on the review reports of other auditors for certain subsidiaries and associates, noting that their unreviewed financial information was considered not material to the Group.
Source: BSE
