Balmer Lawrie posts net profit of Rs 55.38 in Q2 of FY'24 
News Updates

Balmer Lawrie posts net profit of Rs 55.38 in Q2 of FY'24

The net profit after tax (PAT) during the quarter clocked at Rs 55.38 crores as compared to Rs 45.36 crores in the previous quarter

PSU Watch Bureau

New Delhi: Balmer Lawrie & Co. Ltd. has announced the second quarter (Q2) results ending September 30 as per the accounts adopted. The results were approved by the Board of Directors in its meeting held at Kolkata on November 7.

The total income for the second quarter stood at Rs 598.42 crores as compared to Rs 598.90 crores in the previous quarter. The profit before tax (PBT) for the quarter ending September 30 stood at Rs 76.41 crores as against Rs 57.45 crores for the previous quarter ending June 30. The net profit after tax (PAT) during the quarter clocked at Rs 55.38 crores as compared to Rs 45.36 crores in the previous quarter.

Public Sector's voice PSU Watch is now on Whatsapp Channels. Click here to join

The total income, profit before tax (PBT) and net profit after tax (PAT) for the six months period ended September 30 stood at Rs 1197.33 crores, Rs 133.86 crores and Rs 100.74 crores respectively whereas the numbers for the corresponding period of previous year were Rs 1214.96 crores, Rs 89.52 crores and Rs 67.65 crores respectively.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Markets decline in early trade after US moves to levy additional 25% tariffs

BPCL expects full-scale development to resume soon at Mozambique LNG project: CMD

Govt appoints Akash Tripathi (IAS) as new Managing Director of SECI

Indian Oil raises Russian crude share to 24% in Q1, sees refining capacity hitting 98 MTPA by 2026

ACC approves major bureaucratic reshuffle across key ministries, PSUs and authorities