moving forward together

In these incredibly challenging times, IBL remains committed to building a better tomorrow for its stakeholders. Informed by our core values, we seek to make a positive impact via each of our activities and business decisions. We recognise the personal lives and the need for flexibility and personal growth of our team members. We also recognise their talent and their many contributions to our group. We are aware of the fast-changing needs of our customers, partners and community members, many of whom have been impacted by the COVID-19 crisis. Without these stakeholders, we would not exist. Our aim is to move forward together with them, creating a brighter future for all.

chairman's statement

Dear Stakeholder,
The past 18 months have been unlike any other in living memory. The world we live in has undergone unprecedented change. COVID-19 has infected over 200 million people, taken close to five million lives and seriously challenged healthcare systems worldwide. Many industries have come to a standstill,with numerous people losing their livelihoods.

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financial performance

Group Revenue (Rs)


35.86bn
FY 2020: 36.54bn

Group profit before tax (Rs)


292.9m
FY 2020: (1.20bn)

Group profit after tax (Rs)


74.9m
FY 2020: (1.43bn)

Market capitalisation (Rs)


32.31bn
FY 2020: 33.33bn

interview with the group ceo

WE ARE NOW IN THE SECOND YEAR OF THE COVID-19 PANDEMIC. HOW HAS IBL BEEN AFFECTED?
IBL’s focus this year has been on moving forward together. While the COVID-19 crisis continues to impact some of our businesses, it has also been an opportunity to take stock of our activities’ strengths improve how we work with the benefit of hindsight and accelerate our investment in key growth areas, including fast-tracking our expansion into East Africa.

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group cfo's report

A RESILIENT PERFORMANCE FOR IBL GROUP DESPITE COVID-19
The financial year ended 30 June 2021 (FY2021) was a year full of challenges. At macro level, we all had to deal with the profound impact that COVID-19 has had on the world. It affected our people, suppliers and customers in Mauritius and beyond our shores.

 Download Group CFO's report