LG Balakrishnan and Bros reports consolidated Q3 FY22 PAT of Rs. 71.07 crores

LG Balakrishnan & Bros Limited has reported Consolidated financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 576.5650 crores during the period ended December 31, 2021 as compared to Rs. 578.8178 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 71.0776 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 77.9073 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 22.66 for the period ended December 31, 2021 as compared to Rs. 24.82 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 576.5650 crs	₹578.8178 crs	-0.39%
Net Profit	₹71.0776 crs	₹77.9073 crs	-8.77%
EPS	₹22.66	₹24.82	-8.70%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 576.5650 crores during the period ended December 31, 2021 as compared to Rs.500.1602 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.71.0776 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.53.7157 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.22.66 for the period ended December 31, 2021 as compared to Rs.17.11 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 576.5650 crs	₹500.1602 crs	15.28%
Net Profit	₹71.0776 crs	₹53.7157 crs	32.32%
EPS	₹22.66	₹17.11	32.44%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1551.9136 crores during the 9 Months period ended December 31, 2021 as compared to Rs.1113.7221 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.181.9489 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.75.4680 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.57.96 for the 9 Months period ended December 31, 2021 as compared to Rs.24.04 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹1551.9136 crs	₹1113.7221 crs	39.34%
Net Profit	₹181.9489 crs	₹75.4680 crs	141.09%
EPS	₹57.96	₹24.04	141.10%

Shares of LG Balakrishnan & Bros Limited was last trading in BSE at Rs. 677.80 as compared to the previous close of Rs. 673.75. The total number of shares traded during the day was 10367 in over 968 trades.

The stock hit an intraday high of Rs. 697.00 and intraday low of 667.00. The net turnover during the day was Rs. 7000855.00.

Source : Equity Bulls

Keywords

LGBalakrishnanandBros Q3FY22 9MFY22 ResultUpdate