Balmer Lawrie & Co. Ltd. has announced its financial results for the third quarter (Q3) ended December 31, 2024, reporting a 7.51% year-on-year (YoY) increase in total net income, which stood at Rs. 634.43 crore. The results were approved by the Board of Directors in a meeting held in Kolkata on February 10, 2025.
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The company’s Profit Before Tax (PBT) for the quarter saw a 12.02% rise, reaching Rs. 74.60 crore, compared to Rs. 66.60 crore in the same period last year. The net profit (PAT) for the quarter grew by 6.66% to Rs. 54.80 crore, up from Rs. 51.38 crore in Q3 FY24.
For the nine-month period ended December 31, 2024, Balmer Lawrie reported a net income of Rs. 1,926.71 crore, reflecting a 7.79% growth over Rs. 1,787.46 crore in the same period last year. The company’s PBT for the nine months stood at Rs. 201.01 crore, slightly higher than Rs. 200.45 crore recorded in the corresponding period of the previous fiscal.
As a diversified PSU operating in logistics, industrial packaging, and lubricants, Balmer Lawrie continues to demonstrate steady financial growth, reinforcing its market position amid evolving economic conditions.
Balmer Lawrie & Co. Ltd. is a diversified public sector enterprise (PSU) under the Ministry of Petroleum & Natural Gas, engaged in logistics, industrial packaging, lubricants, and travel services. Established in 1867, it plays a key role in India’s infrastructure and manufacturing sectors.
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