Q1 FY25 PAT for Balmer Lawrie & Co Climbs 12.69% to Rs 62.93 Crore

During the April-June quarter, the company—a Mini Ratna Category I PSE with varied business portfolios—reported revenue of Rs 638.16 crore.

For the quarter ended June 30, state-run Balmer Lawrie & Co. recorded a 12.69% increase in consolidated net profit at Rs 62.93 crore, mostly due to higher revenues.

In the same quarter of the previous fiscal year, the company—a Mini Ratna Category I PSE with varied business portfolios—reported a net profit of Rs 55.84 crore.

Its sales increased by 7.74 percent to Rs 638.16 crore for the April-June quarter from Rs 592.29 crore in the same period last year.

With effect from July 20, 2024, Adhip Nath Palchaudhuri has formally assumed the role of Chairman and Managing Director (C&MD) of Balmer Lawrie & Co., the business announced in a BSE filing. As of July 1, 2024, he was serving as C&MD (Additional Charge).

It stated, "He will continue to oversee the service businesses in addition to his role as C&MD."

Industrial packaging, greases and lubricants, leather chemicals, infrastructure, and logistical services, refineries and oil fields, and travel and holiday services are among the businesses in which Balmer Lawrie & Co. is involved.