Balmer Lawrie & Company Limited has informed the Exchange regarding Outcome of Board Meeting held on May 15, 2025.
BALMLAWRIE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Balmer Lawrie, a Government of India enterprise, announced its audited FY25 results on May 15, 2025. Standalone revenue from operations rose about 7.6% to ₹2,49,449 Lakhs (FY24: ₹2,31,859 Lakhs), with profit before tax at ₹31,379 Lakhs (up ~12.6%) and profit after tax at ₹23,280 Lakhs (up ~14.4%). Q4 FY25 saw a strong jump, with PAT of ₹8,153 Lakhs versus ₹5,136 Lakhs in Q4 FY24 (~59% growth), and EPS for the year stood at ₹13.61 versus ₹11.90. The board also proposed a final dividend subject to shareholder approval. The results include an additional impairment provision of ₹1,069 Lakhs against the investment in subsidiary VPLPL, whose net worth has eroded by nearly 60%, and a ₹584 Lakhs impairment on a dry warehouse and cold storage facility at AMTZ Vizag. The auditor flagged a suspected fraud in the Northern Region involving vendor payments of about ₹190 Lakhs, currently under vigilance investigation, for which the company has made a matching provision. The auditor issued an unmodified opinion with an Emphasis of Matter on reconciliation, subsidiary erosion, and certain long-pending balances.
Shareholders get a healthy year with double-digit profit growth, a higher dividend, and cleaner provisioning on legacy issues, though the VPLPL write-off and the vendor fraud probe are modest negatives. Overall, the stock is likely to be viewed as stable, supported by its government ownership and stronger Q4 momentum.