Press Release Details
Balmer Lawrie announces FY 2015-16 results 26 May 2016Balmer Lawrie & Co. Ltd., a Mini Ratna Category – I PSE with diversified business portfolios, has announced results for the quarter and year ended 31st March 2016. The results were approved by the Board in its Meeting held in Kolkata on 26th May, 2016. The Company posted highest ever profits.
The total income for the fourth quarter of the FY 2015-16 increased by 7.8% and stood at Rs661.55 crores as compared to the same period last year. While the Profit Before Tax (PBT) for the quarter ended 31st March 2016 was Rs 86.34 crores, the net profit (PAT) for the quarter was Rs 66.60 crores.
The gross income of the Company stood at Rs2895 crores for the year ended 31st March 2016. The net income clocked was Rs 2711.59 crores. While the PBT for the year ended 31st March 2016 increased by 11.5% to Rs234.54 crores, the PAT increased by 10.7% and stood at Rs163.20 crores.
All the six Strategic Business Units registered profits and the Board of Directors has recommended a dividend of 200% for the FY 2015-16.