Nairobi Business Ventures 2025 Profit Falls 11% as Trading Collapses
NBV posted a profit of KSh 32.2M in FY2025, down 11% as revenue fell 37% to 508M. Aviation grew 79%, auto steady, trading collapsed 88%...
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Nairobi Business Ventures PLC (NBV) reported an 11% decline in profit after tax for the year ended March 31, 2025, falling to KSh 32.2 million. This drop was largely due to an 88% collapse in its standalone trading arm, despite growth in its aviation and automotive divisions.
- Group revenue plummeted by 37% to KSh 508.0 million, primarily driven by the trading division's revenue shrinking by almost 90% to KSh 48.9 million.
- NBV, initially a shoe retailer, transformed into a diversified holding company after a 2020 investment by Dubai-based Delta International FZE, acquiring Delta Auto, Air Direct, and AMSL.
- While the aviation division saw revenue surge by 79% and the automotive division maintained its contribution, the trading arm's significant decline resulted in a standalone loss of KSh 4.4 million.
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Kenyan Companies Report Mixed Financial Results for 2025 - September 2025
Several Kenyan companies reported their financial results, showing varied performance. Home Afrika Limited reported a 14.6% profit increase to KSh 192.4 million for the first half of 2025, driven by higher revenues and successful debt restructuring. In contrast, Nairobi Business Ventures PLC (NBV) saw its profit after tax for the year ended March 31, 2025, fall by 11% to KSh 32.2 million due to a collapse in its trading arm. Limuru Tea PLC's net loss for the first half of 2025 widened significantly to KShs 22.2 million, up from a KShs 6.8 million loss in the same period last year, which was attributed to rising labour costs. Meanwhile, East African Cables Plc, which is under administration, narrowed its net loss for the first half of 2025 to KSh 190 million from KSh 275 million in H1 2024.
