Energy-saving LED tubes, electrical accessories drive BD Lamps' sales growth
BD Lamps reported a revenue growth of Tk153.81 crore for the nine-month period, up from Tk138.23 crore a year earlier.
Bangladesh Lamps, widely known as BD Lamps, posted more than 11% year-on-year revenue growth in the first nine months of the current fiscal year, driven by higher sales of energy-saving LED tube lights and electrical accessories, according to its quarterly financials as of March.
Despite the rise in revenue, the company reported a loss of Tk87 lakh for the July-March period, with a loss per share of Tk0.83 – a sharp improvement from the same period a year earlier, when it incurred a loss of Tk5.74 crore and a loss per share of Tk5.46.
The company said its earnings position improved significantly compared with the corresponding period of the previous year, "primarily driven by an 11.3% growth in revenue and an 8.9% reduction in operating expenses".
The financial statements were approved at a board meeting held on Thursday and published on the stock exchange website today (19 April).
BD Lamps reported a revenue growth of Tk153.81 crore for the nine-month period, up from Tk138.23 crore a year earlier.
According to the report, most of the revenue came from the sale of energy-saving LED bulbs, which contributed Tk56.25 crore, slightly down from Tk56.67 crore in the same period last year.
Electrical accessories generated Tk47.78 crore, marking a 40% year-on-year increase, while sales of energy-saving tube lights rose 18% to Tk43.58 crore. In contrast, revenue from electric bulbs fell to Tk6.20 crore.
Jan-Mar financials
In the January-March quarter, BD Lamps reported revenue of Tk51 crore, a 6% increase from Tk48.32 crore in the same quarter of the previous fiscal year.
The company posted a profit of Tk27 lakh for the quarter, with earnings per share of Tk0.26, up from a profit of Tk11 lakh and EPS of Tk0.11 a year earlier.
For the full fiscal year 2024-25, BD Lamps recorded revenue of Tk188.47 crore, compared with Tk173.29 crore in the previous year, reflecting an 8.76% growth.
However, the company said it suffered a significant loss of Tk5.88 crore in the first quarter of FY25, mainly due to the July uprising in 2024. "As a result, we could not achieve our targeted sales, which affected overall profitability," it said in its annual report.
For the year, BD Lamps posted a net loss of Tk6.55 crore, narrowing from Tk13.43 crore in the previous year.
The company also noted that a new statutory regulatory order (SRO) issued in the national budget in May 2025 increased duties from an average of 10% to 28%, further affecting profitability.
To comply with the new requirements, BD Lamps has committed to investing nearly Tk10 crore in moulds and machinery to set up in-house production facilities for plastic and metal components used in switch sockets and lighting products.
The company expects this move to reduce duties back to an average of 10%, supporting profitability in the coming years.
BD Lamps declared a 10% cash dividend for its shareholders for FY25.
