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Balmer Lawrie sustains profit momentum 08 February 2013

Balmer Lawrie sustains profit momentum

The Board of Balmer Lawrie& Co. Ltd., a Mini Ratna Category – IPSE with diversified business portfolios, has reported a good third quarter as per the accounts adopted for the quarter ending 31st December 2012,at its Board Meeting held in Kolkata on 08 February 2013.

The net income has gone up by around 16% to `646 crores for the third quarter of the Financial Year 2012-13 from ` 558crores for the corresponding quarter last year. The Profit Before Tax (PBT), was up by 12% and stood at ` 47 crores for the quarter ended 31st December 2012 as compared to`42crores for the same quarter last year. Correspondingly, the net profit (PAT) during the quarter increased by 14% to ` 32 crores compared to ` 28 crores for the corresponding period last year.

The net income for nine month sending 31st December 2012 is` 1946 crores and the net profit is`113 crores.

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