Balmer Lawrie faces qualified audit, vendor fraud probe, and ₹16.28 crore impairment.

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AuthorAnanya Iyer|Published at:
Balmer Lawrie faces qualified audit, vendor fraud probe, and ₹16.28 crore impairment.

Balmer Lawrie & Company Ltd reported a qualified audit opinion on internal financial controls. The company is investigating irregular vendor payments and identified loyalty fraud. Significant non-cash charges include ₹16.28 crore for SBU ROFS closure.

Balmer Lawrie & Company Ltd

Balmer Lawrie & Company Ltd has reported a qualified audit opinion on its Internal Financial Controls (IFC) for the financial year ended March 31, 2026. The company is also grappling with an ongoing investigation into irregular vendor payments and has identified loyalty fraud. Significant non-cash charges were recorded, including ₹16.28 crore for the SBU ROFS division and a net loss from a subsidiary.

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