L.G. Balakrishnan & Bros Ltd is a major manufacturer of chains, sprockets and metal formed parts for automotive applications. Its business segments include transmission, metal forming and others.
Financial Results:
- L G Balakrishnan & Bros Ltd reported Revenues for Q2FY24 of ₹600.00 Crores up from ₹578.00 Crore year on year, a rise of 3.81%.
- Total Expenses for Q2FY24 of ₹516.00 Crores up from ₹497.00 Crores year on year, a rise of 3.82%.
- Consolidated Net Profit of ₹75.00 Crores up 11.94% from ₹67.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹24.05, up 12.54% from ₹21.37 in the same quarter of the previous year.
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