Balmer Lawrie Foundation Day: Celebrating a Legacy of Excellence
Balmer Lawrie, who is deeply committed to sustainable development actively integrates environmental, social, and governance (ESG) considerations into its business operations.
New Delhi: Balmer Lawrie & Co. Ltd., a Mini Ratna Category-I Public Sector Enterprise under the Ministry of Petroleum & Natural Gas (MoPNG), celebrated its 157th Foundation Day on February 1, 2025. This annual event marks the establishment of the company on February 1, 1867, by two Scotsmen, Stephen George Balmer and Alexander Lawrie, in Kolkata.
Balmer Lawrie, who is deeply committed to sustainable development actively integrates environmental, social, and governance (ESG) considerations into its business operations.
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The company in its post said, "On the special occasion of Balmer Lawrie’s 159th Foundation Day, we takes pride in our incredible journey. Very few corporate houses in India or across the globe have endured the test of time with the same resilience, purpose, and excellence as Balmer Lawrie. This remarkable achievement stands as a testament to the vision of our founders, the commitment of our leaders and the unwavering support of our stakeholders."
Know About Balmer Lawrie & Co. Ltd., a Mini Ratna Category-I PSE
Founded in Kolkata in 1867 by two enterprising Scotsmen, Stephen George Balmer and Alexander Lawrie, Balmer Lawrie began its journey as a partnership firm. Over the past 158 years, it has evolved into a Miniratna-I Public Sector Enterprise under the Ministry of Petroleum and Natural Gas, Government of India. This transformation is a testament to the company's adaptability, resilience, and focus on delivering value to its stakeholders.
Starting from humble beginnings, the company now boasts a turnover of Rs. 2404 crores and a profit of Rs. 203.47 crores, establishing itself as a respected conglomerate with a diverse presence across manufacturing and service sectors. Balmer Lawrie holds market leadership positions in Steel Barrels, Industrial Greases & Specialty Lubricants, Corporate Travel, and Logistics Services, and maintains a strong presence in Chemicals and Logistics Infrastructure, according to the official website of the company.
Currently, Balmer Lawrie operates eight Strategic Business Units: Industrial Packaging, Greases & Lubricants, Chemicals, Travel & Vacations, Logistics Infrastructure, Logistics Services, Cold Chain, and Refinery & Oil Field Services. Its reach extends across India and internationally, with offices strategically located to serve its diverse customer base. In addition to organic growth, Balmer Lawrie has also expanded through various joint ventures.
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