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Bombay Dyeing’s revenue recognized for THREE ICC real estate project totaled Rs 153.20 crore
10-Aug-2026, 07:19
The Bombay Dyeing and Manufacturing Company Limited reported standalone and consolidated financial results for the quarter ended June 30, 2026, and the year ended March 31, 2026. Revenue recognition for the THREE ICC real estate project began during the quarter, utilizing a “over time” method based on contract completion, accompanied by a Rs 153.20 crore transfer from Capital Work-in-Progress to Inventories - Work In Progress. The company is currently involved in an appeal to the Supreme Court regarding a SEBI order concerning alleged financial irregularities from fiscal years 2011-12 to 2017-18, maintaining the validity of its financial statements. Additionally, a Rs 3.49 crore inventory write-down was recorded for the quarter, and Rajnesh Datt was re-appointed as Manager, overseeing the Polyester Segment, for a two-year term beginning February 4, 2027.
The Bombay Dyeing and Manufacturing Company Limited reported standalone and consolidated financial results for the quarter ended June 30, 2026, and the year ended March 31, 2026. Revenue recognition for the THREE ICC real estate project began during the quarter, utilizing a “over time” method based on contract completion, accompanied by a Rs 153.20 crore transfer from Capital Work-in-Progress to Inventories - Work In Progress. The company is currently involved in an appeal to the Supreme Court regarding a SEBI order concerning alleged financial irregularities from fiscal years 2011-12 to 2017-18, maintaining the validity of its financial statements. Additionally, a Rs 3.49 crore inventory write-down was recorded for the quarter, and Rajnesh Datt was re-appointed as Manager, overseeing the Polyester Segment, for a two-year term beginning February 4, 2027.