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The Revenue for the quarter ended December 2018 of Rs. 4094.16 millions grew by 21.49 % from Rs. 3370.01 millions.Good Net Profit growth of 30.00% reported above the corresponding previous quarter figure of Rs. 224.85 millions to Rs. 292.31 millioins.Operating Profit saw a handsome growth to 522.83 millions from 505.25 millions in the quarter ended December 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 4094.16 3370.01 21.49 12003.85 10056.92 19.36 13385.84 12828.84 4.34 Other Income 4.51 13.16 -65.73 21.54 23.43 -8.07 45.99 43.24 6.36 PBIDT 522.83 505.25 3.48 1632.87 1349.97 20.96 1850.22 1529.38 20.98 Interest 23.44 21.46 9.23 70.87 75.47 -6.10 96.67 131.08 -26.25 PBDT 579.14 483.79 19.71 1641.75 1274.51 28.81 1753.55 1411.43 24.24 Depreciation 167.72 138.84 20.80 468.95 401.67 16.75 531.57 493.59 7.69 PBT 411.42 344.95 19.27 1172.80 872.86 34.36 1221.98 917.83 33.14 TAX 119.12 120.04 -0.77 384.64 301.13 27.73 425.56 257.30 65.39 Deferred Tax 6.87 1.33 416.54 10.87 4.13 163.20 13.56 -29.75 -145.58 PAT 292.31 224.85 30.00 788.17 571.68 37.87 796.42 660.53 20.57 Equity 313.92 156.96 100.00 313.92 156.96 100.00 156.96 156.96 0.00 PBIDTM(%) 12.77 14.99 -14.82 13.60 13.42 1.34 13.82 11.92 15.95
A fair growth of 21.76% in the revenue at Rs. 4269.67 millions was reported in the September 2018 quarter as compared to Rs. 3506.77 millions during year-ago period.A slim rise of 18.30% was recorded in the Net profit for the quarter ended September 2018 to Rs. 280.01 millions From Rs. 236.70 millions.The company reported a good operating profit of 619.27 millions compared to 517.91 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201803 201703 % Var Sales 4269.67 3506.77 21.76 7909.69 6686.91 18.29 13385.84 12828.84 4.34 Other Income 7.87 4.56 72.59 17.03 10.27 65.82 45.99 43.24 6.36 PBIDT 619.27 517.91 19.57 1110.04 844.72 31.41 1850.22 1529.38 20.98 Interest 24.58 25.27 -2.73 47.43 54.01 -12.18 96.67 131.08 -26.25 PBDT 594.69 492.65 20.71 1062.61 790.72 34.39 1753.55 1411.43 24.24 Depreciation 157.95 133.41 18.39 301.23 262.83 14.61 531.57 493.59 7.69 PBT 436.74 359.24 21.57 761.38 527.91 44.23 1221.98 917.83 33.14 TAX 156.73 122.55 27.89 265.52 181.09 46.62 425.56 257.30 65.39 Deferred Tax 7.43 -2.61 -384.67 4.00 2.80 42.86 13.56 -29.75 -145.58 PAT 280.01 236.70 18.30 495.86 346.83 42.97 796.42 660.53 20.57 Equity 313.92 156.96 100.00 313.92 156.96 100.00 156.96 156.96 0.00 PBIDTM(%) 14.50 14.77 -1.80 14.03 12.63 11.09 13.82 11.92 15.95
LG Balakrishnan & Brothers is currently trading at Rs. 530.00, up by 2.95 points or 0.56% from its previous closing of Rs. 527.05 on the BSE.The scrip opened at Rs. 534.95 and has touched a high and low of Rs. 534.95 and Rs. 520.15 respectively. So far 108 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 682.00 on 30-Apr-2018 and a 52 week low of Rs. 334.33 on 24-Aug-2017.Last one week high and low of the scrip stood at Rs. 540.00 and Rs. 520.15 respectively. The current market cap of the company is Rs. 1663.80 crore.The promoters holding in the company stood at 47.88%, while Institutions and Non-Institutions held 17.22% and 34.90% respectively.LG Balakrishnan & Brothers is planning to divest stake in joint venture (JV) Company -- Renold Chain India. The company will explore the potential acquisition of allied auto components business opportunities. The meeting of the Board of Directors of the company is scheduled to be held on August 30, 2018, to consider the same.LG Balakrishnan & Brothers is a transport company. The company is engaged in the business of manufacturing chains, sprockets and metal formed parts for automotive applications. The company’s segments include transmission, metal forming and others.
A fair growth of 14.46% in the revenue at Rs. 3640.02 millions was reported in the June 2018 quarter as compared to Rs. 3180.14 millions during year-ago period.Profit for the quarter ended June 2018 rises by 96.00% to Rs. 215.85 millions from Rs. 110.13 millions.Operating Profit saw a handsome growth to 490.77 millions from 326.81 millions in the quarter ended June 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 3640.02 3180.14 14.46 3640.02 3180.14 14.46 13385.84 12828.84 4.34 Other Income 9.16 5.71 60.42 9.16 5.71 60.42 45.99 43.24 6.36 PBIDT 490.77 326.81 50.17 490.77 326.81 50.17 1850.22 1529.38 20.98 Interest 22.85 28.74 -20.49 22.85 28.74 -20.49 96.67 131.08 -26.25 PBDT 467.92 298.07 56.98 467.92 298.07 56.98 1753.55 1411.43 24.24 Depreciation 143.28 129.42 10.71 143.28 129.42 10.71 531.57 493.59 7.69 PBT 324.64 168.67 92.47 324.64 168.67 92.47 1221.98 917.83 33.14 TAX 108.79 58.54 85.84 108.79 58.54 85.84 425.56 257.30 65.39 Deferred Tax -3.43 5.41 -163.40 -3.43 5.41 -163.40 13.56 -29.75 -145.58 PAT 215.85 110.13 96.00 215.85 110.13 96.00 796.42 660.53 20.57 Equity 313.92 156.96 100.00 313.92 156.96 100.00 156.96 156.96 0.00 PBIDTM(%) 13.48 10.28 31.19 13.48 10.28 31.20 13.82 11.92 15.95
Revenue showed a marginal decline at Rs. 3425.26 millions. For the quarter ended March 2018, as compared to corresponding quarter of last year.Net profit for the quarter ended March 2018 increases to Rs. 227.09 millions from Rs. 218.61 millions.OP of the company witnessed a marginal growth to 512.18 millions from 429.90 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201803 201703 % Var 201803 201703 % Var 201803 201703 % Var Sales 3425.26 3452.53 -0.79 13385.84 12828.84 4.34 13385.84 12828.84 4.34 Other Income 19.15 17.38 10.18 45.99 43.24 6.36 45.99 43.24 6.36 PBIDT 512.18 429.90 19.14 1850.22 1529.38 20.98 1850.22 1529.38 20.98 Interest 22.37 28.78 -22.27 96.67 131.08 -26.25 96.67 131.08 -26.25 PBDT 489.81 406.94 20.36 1753.55 1411.43 24.24 1753.55 1411.43 24.24 Depreciation 137.21 128.89 6.46 531.57 493.59 7.69 531.57 493.59 7.69 PBT 352.59 278.05 26.81 1221.98 917.83 33.14 1221.98 917.83 33.14 TAX 125.50 59.44 111.14 425.56 257.30 65.39 425.56 257.30 65.39 Deferred Tax 9.00 -9.83 -191.56 13.56 -29.75 -145.58 13.56 -29.75 -145.58 PAT 227.09 218.61 3.88 796.42 660.53 20.57 796.42 660.53 20.57 Equity 156.96 156.96 0.00 156.96 156.96 0.00 156.96 156.96 0.00 PBIDTM(%) 14.95 12.45 20.09 13.82 11.92 15.95 13.82 11.92 15.95
The December 2017 quarter revenue stood at Rs. 3334.61 millions, up 7.13% as compared to Rs. 3112.76 millions during the corresponding quarter last year.Net profit surges 76.38% to Rs. 224.72 millions from Rs. 127.41 millions in the quarter ended December 2017.Operating Profit saw a handsome growth to 501.37 millions from 338.28 millions in the quarter ended December 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 3334.61 3112.76 7.13 9960.58 9376.30 6.23 11715.94 10901.01 7.48 Other Income 14.60 6.37 129.20 26.83 25.88 3.67 42.88 41.72 2.78 PBIDT 501.37 338.28 48.21 1338.04 1099.47 21.70 1499.89 1299.50 15.42 Interest 21.32 30.32 -29.68 74.30 102.30 -27.37 139.96 164.83 -15.09 PBDT 480.05 315.27 52.27 1263.74 1004.48 25.81 1373.06 1134.67 21.01 Depreciation 136.38 125.51 8.66 394.35 364.70 8.13 492.29 430.94 14.24 PBT 343.67 189.76 81.11 869.40 639.78 35.89 880.77 703.73 25.16 TAX 118.95 62.35 90.78 300.06 197.86 51.65 265.23 129.19 105.30 Deferred Tax 1.33 -2.02 -165.84 4.56 -19.92 -122.89 -21.82 20.12 -208.45 PAT 224.72 127.41 76.38 569.34 441.93 28.83 615.54 574.54 7.14 Equity 156.96 156.96 0.00 156.96 156.96 0.00 156.96 156.96 0.00 PBIDTM(%) 15.04 10.87 38.35 13.43 11.73 14.56 12.80 11.92 7.39
A minor change in the total revenue was seen in the September 2017 quarter. The total revenue for the quarter stood at Rs. 3475.98 millions against Rs. 3381.05 millions during year ago period.Profit after tax improved marginally to Rs. 233.35 millions for the quarter ended September 2017 from Rs. 223.12 millions of corresponding previous quarter.Operating profit surged to 511.77 millions from the corresponding previous quarter of 478.84 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201709 201609 % Var 201709 201609 % Var 201703 201603 % Var Sales 3475.98 3381.05 2.81 6625.97 6263.54 5.79 11715.94 10901.01 7.48 Other Income 5.54 10.95 -49.41 12.23 19.51 -37.31 42.88 41.72 2.78 PBIDT 511.77 478.84 6.88 836.67 761.19 9.92 1499.89 1299.50 15.42 Interest 25.21 34.45 -26.82 52.98 71.98 -26.40 139.96 164.83 -15.09 PBDT 486.56 444.39 9.49 783.69 689.21 13.71 1373.06 1134.67 21.01 Depreciation 130.96 123.01 6.46 257.97 239.19 7.85 492.29 430.94 14.24 PBT 355.60 321.38 10.65 525.73 450.02 16.82 880.77 703.73 25.16 TAX 122.25 98.26 24.41 181.11 135.51 33.65 265.23 129.19 105.30 Deferred Tax -2.50 -11.35 -77.97 3.23 -17.90 -118.04 -21.82 20.12 -208.45 PAT 233.35 223.12 4.58 344.62 314.52 9.57 615.54 574.54 7.14 Equity 156.96 156.96 0.00 156.96 156.96 0.00 156.96 156.96 0.00 PBIDTM(%) 14.72 14.16 3.96 12.63 12.15 3.90 12.80 11.92 7.39
The Revenue for the quarter ended June 2017 of Rs. 3149.99 millions grew by 9.28 % from Rs. 2882.49 millions.The Company has registered profit of Rs. 111.27 millions for the quarter ended June 2017, a growth of 21.74% over Rs. 91.40 millions millions achieved in the corresponding quarter of last year.The company reported a good operating profit of 324.90 millions compared to 282.35 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201706 201606 % Var 201706 201606 % Var 201703 201603 % Var Sales 3149.99 2882.49 9.28 3149.99 2882.49 9.28 11715.94 10901.01 7.48 Other Income 6.69 8.56 -21.85 6.69 8.56 -21.85 42.88 41.72 2.78 PBIDT 324.90 282.35 15.07 324.90 282.35 15.07 1499.89 1299.50 15.42 Interest 27.77 37.53 -26.01 27.77 37.53 -26.01 139.96 164.83 -15.09 PBDT 297.13 244.82 21.37 297.13 244.82 21.37 1373.06 1134.67 21.01 Depreciation 127.01 116.18 9.32 127.01 116.18 9.32 492.29 430.94 14.24 PBT 170.13 128.64 32.25 170.13 128.64 32.25 880.77 703.73 25.16 TAX 58.86 37.25 58.01 58.86 37.25 58.01 265.23 129.19 105.30 Deferred Tax 5.73 -6.55 -187.48 5.73 -6.55 -187.48 -21.82 20.12 -208.45 PAT 111.27 91.40 21.74 111.27 91.40 21.74 615.54 574.54 7.14 Equity 156.96 156.96 0.00 156.96 156.96 0.00 156.96 156.96 0.00 PBIDTM(%) 10.31 9.80 5.30 10.31 9.80 5.30 12.80 11.92 7.39
LG Balakrishnan & Bros has submitted the Shareholding Pattern for the Period Ended December 31, 2016. The above information is a part of company’s filings submitted to BSE.
LG Balakrishnan & Bros has submitted the disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011.The above information is a part of company’s filings submitted to BSE.
LG Balakrishnan & Bros has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended March 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.
LGB Auto Products has submitted the disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011.The above information is a part of company’s filings submitted to BSE.