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Balmer Lawrie & Co Ltd has reported a net profit of ₹163.20 crore for FY2016 against ₹147.44 crore in FY2015. This shows a growth of 10.7 per cent. The diversified central public sector enterprise said all six strategic business units registered profits and the Board on Thursday recommended a dividend of 200 per cent for FY16. Balmer Lawrie shares closed at ₹581.80 on BSE, up 1.54 per cent.
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