Press Release Details
Balmer Lawrie announces excellent results 12 August 2015
Balmer Lawrie announces excellent results
Balmer Lawrie & Co. Ltd., a Mini Ratna Category – I PSE with diversified business portfolios, has announced the first quarter performance as per the accounts adopted for the quarter ending 30 June 2015. The results were approved by the Board in its Meeting held in Kolkata on 12 August 2015.
The total income for the first quarter registered a marginal gain of 3% quarter on quarter and rose to Rs. 760.43 crores from Rs. 735.86 crores for the same period last year. The Profit Before Tax (PBT) has gone up by 35% and stood at Rs. 51.97 crores for the quarter ended 30 June 2015 as compared to Rs 38.42 crores for the same quarter last year. Correspondingly, the net profit (PAT) during the quarter increased by 33% to Rs. 33.24 crores compared to Rs. 24.96 crores for the corresponding period last year.
Both the manufacturing and services businesses have performed well.