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09-Feb-2024

Balmer Lawrie & Company

Strong operating profit growth


'Balmer Lawrie & Company consolidated net sales increased 13.74% to Rs 584.63 crore in Q3FY24 compared to Q3FY23.  Sales of Industrial Packaging segment has gone up 23.47% to Rs 183.26 crore (accounting for 28.93% of total sales).  Sales of Logistics Services segment has gone down 15.04% to Rs 103.70 crore (accounting for 16.37% of total sales).  Sales of Travel & Vacations segment rose 68.55% to Rs 66.31 crore (accounting for 10.47% of total sales).  Sales of Greases & Lubricants segment has gone up 10.45% to Rs 175.73 crore (accounting for 27.74% of total sales).  Sales of Others segment has gone up 59.88% to Rs 43.93 crore (accounting for 6.93% of total sales).  Sales of Logistics Infrastructure segment has gone up 1.82% to Rs 60.62 crore (accounting for 9.57% of total sales).  Inter-segment sales rose Rs 41.95 crore to Rs 48.92 crore. ...



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