Founded by two Scotsmen, Stephen George Balmer and Alexander Lawrie, in Kolkata, Balmer Lawrie & Co. Ltd. started its corporate journey as a Partnership Firm on 1st February 1867. Traversing the 157 years gone by, today Balmer Lawrie is a Miniratna - I Public Sector Enterprise under the Ministry of Petroleum and Natural Gas, Govt. of India, with a turnover of Rs. 2383 crores and a profit of Rs. 154 crores.
Balmer Lawrie is a diversified PSE leveraging technology and innovation for manufacturing and providing world class solutions.
Balmer Lawrie adheres to robust corporate governance practices, emphasising on transparency, accountability, and ethical conduct to ensure sustainable business growth and stakeholder trust.
Balmer Lawrie regularly invites tenders for various projects and services, promoting fair competition and transparency in the procurement process.
Balmer Lawrie through regular press releases, events and newsletters, ensures that its stakeholders are well-informed about the company's latest developments and achievements.
Balmer Lawrie announces FY 2013-14 results Balmer Lawrie & Co. Ltd., a Mini Ratna Category – I PSE with diversified business portfolios, has announced results for the quarter and year ended 31st March, 2014. The results were approved by the Board in its Board Meeting held in Kolkata on 29th May, 2014. The net income for the fourth quarter of the FY 2013-14 stood at Rs698 cr with the gross income registering Rs736 cr. The PBT was Rs94 cr and the PAT Rs71 cr for the quarter ended 31st March, 2014. The gross income of the Company stood at Rs2843 cr for the year ended 31st March 2014. The net income clocked was Rs 2707 cr. While the Profit before Tax (PBT) was Rs220 cr, the Profit after Tax (PAT) was Rs157 cr. The Board of Directors has recommended a dividend of 180% for the FY 2013-14.
Friday Nov 15 2024
