BD Lamps cuts quarterly loss by 79pc on higher sales

Bangladesh Lamps, widely known as BD Lamps, cut its losses by 79 per cent year-on-year to Tk 12.5 million in the first quarter through September, driven by higher sales.
The electric bulb and energy-saving light manufacturer saw its overall sales rise around 16 per cent year-on-year to Tk 488 million during the quarter.
The company benefited from lower input prices but remained in the red due to high finance costs.
The cost of sales - which includes all expenses related to production - stood at Tk 373 million in the September quarter, representing 76 per cent of total sales, down from 80 per cent in the same period last year.
Net finance expenses, however, rose 12 per cent year-on-year to Tk 38 million during the quarter, while a steep hike in customs duties - from 10 per cent to 28 per cent - also eroded profitability.
Sales received a boost from a new production line installed last year at a cost of Tk 111 million to manufacture plastic parts for tube lights at its existing factory. The investment was financed through bank borrowing, which in turn increased interest expenses.
The company's short-term loans were, however, reduced to Tk 1.17 billion by September this year from Tk 1.21 billion in June.
Annual performance
Bangladesh Lamps declared a 10 per cent cash dividend for FY25 despite incurring a loss of Tk 65.5 million for the year.
The company's annual losses, however, narrowed by 51 per cent year-on-year in FY25, supported by higher sales.
As a result, earnings per share (EPS) stood at a negative Tk 6.22 for FY25, compared to a loss of Tk 12.76 per share in the previous year.
For FY24, the company had declared a 5 per cent cash and a 5 per cent stock dividend despite posting significant losses.
The board has continued declaring dividends from retained earnings, which stood at Tk 401 million as of September 2025.
Incorporated in 1960 as a subsidiary of Philips Holland, Bangladesh Lamps was listed on the stock exchanges in 1981. In 1993, Philips sold its entire stake to Transcom Group, one of the country's leading business conglomerates.

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