Balmer Lawrie & Company Limited — Board Meeting, 16-05-2025: Outcome of Board Meeting

Balmer Lawrie has announced a board meeting on May 15, 2025, approving consolidated revenue of ₹2,51,564 lakh and a profit before tax of ₹27,581 lakh for FY24-25. The Board declared a final dividend of ₹8.50 per share. Key strategic updates include the decision to shut down the Refinery and Oil Field Services business due to its non-viability. No bonus shares, buybacks, or stock splits are planned. Shri Adhip Nath Palchaudhuri’s role as Director (Service Businesses) is extended for six months. An audit revealed suspected vendor payment fraud under probe, with provisions made accordingly.