Balmer Lawrie

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Balmer Lawrie
Ministry of Petroleum and Natural Gas, Government of India
SubsidiariesVisakhapatnam Port Logistics Park Limited
Websitewww.balmerlawrie.com Edit this at Wikidata

Balmer Lawrie & Co. Ltd. (BL) is an Indian

British India, the conglomerate has eight strategic business units, four joint ventures
in India and abroad, and a subsidiary in India.

History

Balmer Lawrie was founded as a partnership firm on 1 February 1867 in

miniratna company.[6]

Joint ventures and subsidiary

Balmer Lawrie has joint ventures in both Indian and abroad and a subsidiary in India.

Joint Ventures in India
  • Balmer Lawrie - Van Leer Ltd.
  • AVI-OIL India Pvt. Ltd.
Joint Ventures abroad
  • PT. Balmer Lawrie Indonesia
  • Balmer Lawrie (UAE) LLC
Subsidiary
  • Visakhapatnam Port Logistics Park Limited

Service

It has eight strategic business units – Industrial Packaging, Greases & Lubricants, Chemicals, Travel & Vacations, Logistics Infrastructure, Logistics Services, Cold Chain and Refinery & Oil Field Services, with offices spread across the country and abroad.[citation needed] BL is present in eight businesses — travel and vacations, industrial packaging, greases and lubricants, leather chemicals, logistics, logistics infrastructure, logistics services, and refinery and oil field.[1]

Recent developments

Today Balmer Lawrie is a government sector enterprise with a turnover of ₹1612 crores and a profit of ₹232 crores as of 31 March 2020. During FY 2020–21, the PSE earned a revenue of 1,528 crore (US$190 million).[7]

References

  1. ^ a b Bhaskar, Utpal (12 January 2021). "Balmer Lawrie's eight units may be sold off separately". Mint. Retrieved 14 October 2023.
  2. ^ "Welcome to Balmer Lawrie Driven by Diversity Lead by Change". balmerlawrie.com. Retrieved 31 January 2017.
  3. ^ "Financial Results of Balmer Lawrie". balmerlawrie.com. Retrieved 31 January 2017.
  4. ^ "Balmer Lawrie & Company Chairman Speech | Balmer Lawrie & Company Ltd Chairman Speech". The Economic Times. Retrieved 31 January 2017.
  5. ^ "Milestones of Balmer Lawrie". balmerlawrie.com. Archived from the original on 25 November 2016. Retrieved 31 January 2017.
  6. ^ "70 companies with pre-1947 roots". Mint. 17 August 2017. Retrieved 14 October 2023.
  7. ^ "Balmer Lawrie and Company Ltd". Moneycontrol. Retrieved 13 February 2022.

External links