Balmer Lawrie reports strong financial performance for FY 2024-25

Balmer Lawrie & Co. Ltd. recorded a net turnover of ₹2,57,762.84 Lakhs in FY 2024-25, a 7.22% increase from the previous year. Profit Before Tax (PBT) also saw a substantial rise of 12.61%, reaching ₹31,378.99 Lakhs. This growth was primarily driven by the robust performance of its Travel & Vacations and Logistics Services Strategic Business Units (SBUs). The company has recommended a dividend of ₹8.50 per equity share for FY 2024-25.

The Industrial Packaging SBU maintained market leadership with a 40% share in MS Drums, achieving record volumes. The Greases & Lubricants SBU, with its Balmerol brand, saw marginal volume growth, while the Chemicals SBU recorded a 7.8% growth and all-time record profit. The Logistics business delivered a robust performance with a 24% topline growth and significant bottom-line improvement, driven by new customer acquisitions. Notably, the Travel & Vacations SBU achieved its highest-ever topline and bottom-line, with a 61% increase in gross topline.

Balmer Lawrie & Co. Ltd. also reported continued efforts in sustainability, including a 0.54% R&D investment in environmental and social impact technologies and a 11.33% capex investment in green initiatives. The company successfully planted 8,500 saplings and conducted 82 vigilance awareness programs.