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Latest news about Balmer Lawrie & Co

Balmer Lawrie Announces Senior Management Changes in Travel & Vacations Division 3 days ago

Balmer Lawrie & Co Ltd. has announced significant changes in its senior management structure for its travel and vacation business segments. Ashok Kumar Gupta will become Chief Operating Officer Travel & Vacations, while Thiyagarajan S will assume the role of Head (Vacations). Both appointments are effective from October 15, 2025, for a term of 1.29 years. This restructuring suggests a strategy to create more synergy between the travel and vacation segments, potentially improving operational efficiency.

Balmer Lawrie's Government Nominee Director Rajeev Kumar Steps Down Nov 17, 2025

Balmer Lawrie & Co Reports Mixed Q2 Results: Revenue Dips, Margins Improve Nov 11, 2025

Balmer Lawrie Reports Decline in Q2 Financial Performance Nov 06, 2025

Balmer Lawrie Announces Key Leadership Changes in Industrial Packaging Division Nov 06, 2025

More news about Balmer Lawrie & Co

26Sept 25

Balmer Lawrie Confirms Gradual Exit from Refinery and Oil Field Services Business by FY 2026-27

Balmer Lawrie & Co, a diversified public sector company, has confirmed plans to exit its refinery and oil field services business by the end of FY 2026-27. The decision, approved by the Board of Directors in May 2025, involves a gradual closure of the Strategic Business Unit: Refinery and Oil Field Services (SBU:ROFS) after completing ongoing projects. The company has informed stock exchanges of this development and assured that all existing contracts will be honored before closure. No negotiations were required for this internal decision.

25Sept 25

Balmer Lawrie Appoints Five New Directors, Strengthening Board Composition

Balmer Lawrie & Co, a Government of India Enterprise, has appointed five new directors to its board. The appointments include Amit Bansal as Government Nominee Director (October-December 2024), Harishkumar Madhusudan Joshi and Dr. Vandana Minda Heda as Non-Executive Independent Directors (from March 31, 2025), Rajeev Kumar as Government Nominee Director (from July 1, 2025), and Romon Sebastian Louis as Director of Service Businesses (from August 22, 2025). These appointments, approved at the company's 108th Annual General Meeting, aim to enhance leadership and bring diverse expertise to the board.

06Sept 25

Balmer Lawrie Reports Q3 FY21 Results: Revenue Up, Profit Down Amid Challenging Environment

Balmer Lawrie & Co announced Q3 FY21 results with revenue increasing 4.22% to Rs. 388.46 crore, but net profit declining 67.22% to Rs. 11.75 crore. For the nine-month period, revenue decreased 13.53% to Rs. 1,025.20 crore, with net profit falling 66.66% to Rs. 34.09 crore. The company closed its Kolkata Industrial Packaging plant and implemented a voluntary retirement scheme costing Rs. 5.77 crore.

04Sept 25

Balmer Lawrie Elevates Rajesh Raghavan to Head of Logistics Infrastructure

Rajesh Raghavan, previously Vice President (Operations) at Balmer Lawrie & Co, has been promoted to Head (Logistics Infrastructure), effective September 2, 2025. His appointment is for 6.75 years, until May 31, 2032, or until he reaches 60 years of age. Raghavan will oversee the Warehousing & Distribution and Container Freight Stations businesses. This change follows Romon Sebastian Louis's move to Director (Service Business). The company disclosed this information in compliance with SEBI regulations.

23Aug 25

Balmer Lawrie Announces Key Leadership Changes, Appoints New Director of Service Businesses

Balmer Lawrie & Co has appointed Mr. Romon Sebastian Louis as Executive Director (Service Businesses) for a five-year term, subject to shareholder approval. Louis, with nearly 30 years of experience at the company, transitions from his role as Executive Director (Logistics Infrastructure & Cold Chain). The additional charge of Director (Service Businesses) has been removed from Chairman & Managing Director Mr. Adhip Nath Palchaudhuri. The company has reopened its trading window for designated persons following these changes.

06Aug 25

Balmer Lawrie Scraps Two Major Projects Amid Changing Business Landscape

Balmer Lawrie & Co has cancelled two major projects: a 200 KLPD Grain Based Ethanol Plant in Andhra Pradesh and a Free Trade Warehousing Zone in JNPA's Special Economic Zone. The decisions were made due to unfavorable changes in the business environment and a significant decline in the Internal Rate of Return. The company plans to explore alternate possibilities for both cancelled projects.

06Aug 25

Balmer Lawrie Reports Robust Q1 Results with 19.5% Profit Growth

Balmer Lawrie & Co, a Mini Ratna Category – I PSE, announced strong Q1 results with consolidated net profit rising 19.5% to ₹689.00 million and revenue increasing 6.5% to ₹6.80 billion. EBITDA grew to ₹832.00 million, with margin expanding to 12.22%. Industrial Packaging and Chemicals recorded highest volumes, while Logistics saw 36% topline growth. The company cancelled a 200 KLPD Grain Based Ethanol Plant project and surrendered CAPEX for a Free Trade Warehousing Zone due to unfavorable conditions. New appointments were made for Secretarial Auditor and Cost Auditors.

16May 25

Balmer Lawrie & Co Reports Improved Q4 Financial Performance

Balmer Lawrie & Co, a diversified public sector company, announced its Q4 financial results with growth across key metrics. Revenue increased by 5.17% to ₹6.10 billion, EBITDA rose by 3.39% to ₹946.00 million, and net profit grew by 1.90% to ₹752.00 million. The EBITDA margin slightly decreased to 15.60% from 15.80% year-over-year, but remained robust above 15%, indicating strong operational efficiency.