New Delhi: Balmer Lawrie & Co. Ltd., a Miniratna public sector enterprise under the Ministry of Petroleum & Natural Gas, reported strong financial performance for the financial year 2024-25, as disclosed during its 108th Annual General Meeting (AGM) held on September 23.
The company recorded a net turnover of ₹2,57,762.84 lakh, marking a 7.22% increase from ₹2,40,416.53 lakh in FY24. Its Profit Before Tax (PBT) rose by 12.61%, reaching ₹31,378.99 lakh. The company’s reserves and surplus also witnessed significant growth, climbing to ₹1,35,694.55 lakh as of March 31, 2025, up from ₹1,25,621.43 lakh the previous year.
Business Units: Strong Performance Across Key Verticals
Travel & Vacations: Best-Ever Results
The Travel & Vacations business emerged as a top performer, registering its best-ever results. It saw record ticket bookings via the Government of India’s air ticketing portal, which witnessed a 50% increase in user base. The division also handled major national events under its MICE (Meetings, Incentives, Conferences, and Exhibitions) segment and announced plans to diversify into international ticketing, hotels, cabs, and air charter services.
Logistics: 24% Topline Growth
The Logistics vertical registered 24% growth in revenue, driven by a 20% rise in Container Freight Station (CFS) volumes. Balmer Lawrie expanded its cold chain brand LOGICOLD to Vijayawada and made inroads into rail logistics, launching long-haul Special Freight Train Operator (SFTO) and port link express services. A new 3PL (Third-Party Logistics) facility was also commissioned in Eastern India.
Industrial Packaging: Market Leadership Maintained
Balmer Lawrie’s Industrial Packaging business retained its leadership position in the 210L and 235L MS drum segment, holding a 40% market share. The division achieved record volumes and completed the modernisation of its Chittoor plant.
Greases & Lubricants: Marginal Growth Amid Volatility
Under the flagship brand Balmerol, this segment achieved marginal growth despite volatile base oil prices and global market uncertainties.
Chemicals: Record Profit & National Recognition
The Chemicals division posted 7.8% revenue growth and achieved its highest-ever profit. It also received multiple national awards for manufacturing competitiveness and sustainability initiatives.
Chairman’s Outlook: Cautious Optimism Amid Global Uncertainty
In his address, the Chairman acknowledged ongoing global challenges, including supply chain disruptions, rising protectionism, and tariff pressures. However, he expressed confidence in India’s economic fundamentals, citing projected GDP growth of 6.3% to 6.8% in FY26 as a strong macroeconomic foundation for sustained growth.
Sustainability & Innovation: Core to Future Strategy
Balmer Lawrie reaffirmed its commitment to embedding sustainability in its operations while driving innovation, diversification, and customer-centric growth across its business verticals.
Outlook: Focus on Expansion and Diversification
With strategic investments in logistics infrastructure, expansion into new travel services, and technological upgrades in manufacturing, Balmer Lawrie appears well-positioned to scale operations and improve profitability in FY26 and beyond.
About Balmer Lawrie
Balmer Lawrie & Co. Ltd is a diversified Indian public sector company with a rich legacy dating back to 1867. It operates across multiple sectors including industrial packaging, logistics, greases and lubricants, chemicals, and travel & vacations. Known for its strong focus on innovation and sustainability, Balmer Lawrie provides end-to-end solutions to a wide range of industries, contributing significantly to India’s industrial and economic growth.
