X

L G Balakrishnan & Bros Ltd Q2FY24; 12% rise in Profits

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.
Tags: automotive
Related Post