Press Release Details
Balmer Lawrie announces first quarter results 12 August 2013
Balmer Lawrie announces first quarter results
The Board of Balmer Lawrie & Co. Ltd., a Mini Ratna Category - IPSE with diversified business portfolios, announced the first quarter results as per the accounts adopted for the quarter ending 30 June 2013, in its Board Meeting held in Kolkata on 12th August, 2013.
The total income for the first quarter registered a gain of 2% quarter on quarter and rose to Rs. 698.55crores from Rs. 683.09 crores for the same period last year. The Profit Before Tax (PBT), was down by 23% and stood at Rs. 50.56 crores for the quarter ended 30th June, 2013 as compared to Rs. 65.66 crores for the same quarter last year. Correspondingly, the net profit (PAT) during the quarter declined by 24% to Rs. 34.63 crores compared to Rs. 45.63 crores for the corresponding period last year.