Balmer Lawrie Q1 up 33%; appoints CFO

Image
Press Trust of India New Delhi
Last Updated : Aug 12 2015 | 8:22 PM IST
Diversified public sector enterprise Balmer Lawrie & Company today reported a 33.17 per cent rise in net profit for the June-end quarter at Rs 33.24 crore, as against Rs 24.96 crore in the corresponding quarter of the previous year.
The net income from operations of the company also rose to Rs 749.14 crore, from Rs 724.83 crore in the year-ago period.
Besides, Balmer Lawrie & Company Ltd appointed Manoj Lakhanpal as the Chief Financial Officer (CFO) of the company.
"Manoj Lakhanpal has been appointed as the CFO of the Company, in place of Prabal Basu, at the Meeting of the Audit Committee and Board of Directors held on August 12, 2015 with immediate effect.
"Prabal Basu, the former CFO has relinquished his position as a CFO on August 12, 2015," Balmer Lawrie said in a BSE filing.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 12 2015 | 8:22 PM IST

Next Story