Balmer Lawrie
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Company type | Public Sector Undertaking |
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BSE: 523319 NSE: BALMLAWRIE | |
Founded | Calcutta, British India (1867; 157 years ago (1867)) |
Headquarters | , |
Owner | Government of India |
Website | balmerlawrie.com |
Balmer Lawrie & Co. Ltd. (BL) is a partnership firm founded on 1 February 1867 in Kolkata, India by two Scotsmen: George Stephen Balmer and Alexander Lawrie. Today Balmer Lawrie is a Mini-Ratna I Public Sector Enterprise under the Ministry of Petroleum and Natural Gas, Government of India, with a turnover of ₹2895 crores and a profit of ₹234 crores as of March 31, 2016.[1][2] It became a Private limited company in 1924 with a Paid up share capital of ₹40 lakhs, a Public limited company in 1936 and then a Government of India Enterprise in 1972.[3][4] Net Sales/Income from operations is ₹1534 crores in FY 2019-20.[1]
BL products include steel barrels, industrial greases, specialty lubricants, corporate travel and logistics services. It has a presence in performance chemicals and logistics infrastructure.
It is the largest manufacturer of steel barrels in India.[3] The company is headquartered in Kolkata, and has offices throughout India and in Bedford in the UK.
References
- ^ "Welcome to Balmer Lawrie Driven by Diversity Lead by Change". www.balmerlawrie.com. Retrieved 31 January 2017.
- ^ "Financial Results of Balmer Lawrie". www.balmerlawrie.com. Retrieved 31 January 2017.
- ^ a b "Balmer Lawrie & Company Chairman Speech | Balmer Lawrie & Company Ltd Chairman Speech". economictimes.indiatimes.com. Retrieved 31 January 2017.
- ^ "Milestones of Balmer Lawrie". balmerlawrie.com. Archived from the original on 25 November 2016. Retrieved 31 January 2017.
External links
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l - liquidated Information updated as of January, 2020 by Department of Public Enterprises • See also Public sector banks in India |
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