Balmer Lawrie & Company Ltd Q1 net profit up at Rs.20.28 Crores

Balmer Lawrie & Company Ltd has announced the following Un-Audited results for the quarter ended June 30, 2007.

The Company has posted a net profit after tax of Rs.202.8 million for the quarter ended June 30, 2007 where as the same was at Rs.186.6 million for the quarter ended June 30, 2006. Total Income is Rs.3626.7 million for the quarter ended June 30, 2007 where as the same was at Rs.3190.5 million for the quarter ended June 30, 2006.

The company has reported an Earnings Per Share (EPS) of Rs.12.45 for the quarter ended June 30, 2007 compared to Rs.11.45 during quarter ended June 30, 2006.

The stock closed the day at Rs.406, down by Rs.13.65 or 3.25%. The total traded quantity was 4991 compared to 2 week average of 2951. The stock hit an intraday high of Rs.427 and low of Rs.405.05.

Source : Equity Bulls

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