ALPHA TRIBE

Balmer Lawrie Investments LtdResults, 21-05-2025: Result

21-05-2025 | 06:04 pm

Balmer Lawrie Investments Ltd. has announced a board meeting approving the financial results for the quarter and half-year ended March 31, 2025. Standalone profit after tax stood at Rs 97.09 Cr, up from Rs 85.62 Cr the previous year, driven by higher interest and dividend income. Consolidated profit after tax was Rs 75.31 Cr, marginally higher than last year, with total revenue crossing Rs 2,57,655 lakh. A suspected fraud involving Rs 1.90 Cr at the Northern Region subsidiary is under investigation, with a provision created for the amount. Some subsidiaries face financial stresses but continue on a going concern basis. Internal controls have been strengthened. Auditors have given unmodified opinions on both standalone and consolidated results.

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