Balmer Lawrie FY10 net at Rs 117 cr

Written by fe Bureaus | Updated: Jul 30 2010, 05:41am hrs
Government owned Balmer Lawrie & Co Ltd on Thursday reported a net profit of Rs 117.29 crore on a net income of Rs 1,673 crore for the financial year 2009-2010 against a net profit of Rs 101.61 crore on a net income of Rs 1,697 crore during the corresponding period last fiscal. The Balmer Lawrie board after its meeting on Thursday recommended a dividend of 230% or Rs 23 per equity share of Rs 10 each for the year ended March 2010. Its 2009-10 profit has been an all time high. The company is yet to come out with its first quarter result of 2010-11.