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L G Balakrishnan & Bros Ltd Q1FY24; 5% fall 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 Q1FY24 of ₹539.00 Crores up from ₹521.00 Crore year on year, a rise of 3.45%.

Total Expenses for Q1FY24 of ₹471.00 Crores up from ₹457.00 Crores year on year, a rise of 3.06%.

Consolidated Net Profit of ₹55.00 Crores down 5.17% from ₹58.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹17.66, down 4.90% from ₹18.57 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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