Kolkata – 27th July, 2009
Balmer Lawrie & Co. Ltd., a Mini Ratna Category – I PSE, has improved its performance in the first quarter of the current fiscal year, inspite of the general economic downturn. Though the total income in the first quarter ended 30th June, 2009 registered a slight dip to record Rs 429 crore from Rs 433 crore for the same period last year, the Profit before Tax registered an impressive gain of 20% and stood at Rs.43.80 crore for the quarter ended 30th. June 2009, as compared to Rs. 36.46 crore for the same quarter last year. Similarly, the net profit during the quarter increased to Rs. 28.92 crore as compared to Rs. 24.16 crore for the corresponding period of last year.
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