Balmer Lawrie & Co recorded a 24% increase in net sales/income from operations for the year ended March 31, 2006 to Rs 1,252 crore. Profit before tax increased 79% to Rs 80.85 crore while net profit was the highest ever at Rs 46.80 crore, an increase of 57%. Earnings per share improved 57% to Rs 28.74. The performance was attributed to higher contributions from its businesses in the services sector, best-ever performance of all other businesses and cost effective management of its financial and manpower resources. The company has recommended a dividend of Rs 9 per share, which is also the highest ever.
