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 Reports a Profitable Second Quarter
The Board of Balmer Lawrie & Co. Ltd., a Mini Ratna Category – I PSE with diversified business portfolios, has reported a profitable second quarter as per the accounts adopted for the quarter ending 30 September 2012, at its Board Meeting held in Kolkata on 07 November 2012. While the net income has gone up by around 20% to `635.66 crores for the second quarter of the Financial Year 2012-13 from `531.54 crores for the corresponding quarter last year, both the PBT and PAT have grown by around 18% to `50.46 crores and `34.48 crores respectively. However, for the half year ending 30 September 2012, the net income has gone up by 16% to `1331 crores and the net profit has gone up by 8% to ` 80 crores.
Friday Nov 15 2024
