Press Release Details
Balmer Lawrie announces second quarter results 08 November 2013
Balmer Lawrie announces second quarter results
Kolkata, 8th November 2013
The Board of Balmer Lawrie & Co. Ltd., a Mini Ratna Category – I PSE with diversified business portfolios, announced the second quarter results as per the accounts adopted for the quarter ending 30 September 2013, in its Board Meeting held in Kolkata on 8th November, 2013.
The total income for the second quarter registered a gain of 2% quarter on quarter and rose to Rs. 663 crores from Rs. 647 crores for the same period last year. The Profit Before Tax (PBT) was down by 16% and stood at Rs. 43 crores for the quarter ended 30th September 2013 as compared to Rs. 50 crores for the same quarter last year. Correspondingly, the net profit (PAT) during the quarter was down by 15% to Rs. 29 crores compared to Rs. 34 crores for the corresponding period last year.