L G Balakrishnan and Brothers Ltd Q1 FY23 consolidated net profit at Rs. 58.28 crores

LG Balakrishnan & Bros Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 524.4238 crores during the period ended June 30, 2022 as compared to Rs. 562.2154 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 58.2860 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 63.5276 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 18.57 for the period ended June 30, 2022 as compared to Rs. 20.24 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 524.4238 crs	₹562.2154 crs	-6.72%
Net Profit	₹ 58.2860 crs	₹63.5276 crs	-8.25%
EPS	₹18.57	₹20.24	-8.25%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 524.4238 crores during the period ended June 30, 2022 as compared to Rs.396.5308 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 58.2860 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.32.9640 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.18.57 for the period ended June 30, 2022 as compared to Rs.10.50 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 524.4238 crs	₹396.5308 crs	32.25%
Net Profit	₹ 58.2860 crs	₹32.9640 crs	76.82%
EPS	₹18.57	₹10.50	76.86%

Shares of LG Balakrishnan & Bros Limited was last trading in BSE at Rs. 703.80 as compared to the previous close of Rs. 685.75. The total number of shares traded during the day was 25114 in over 2331 trades.

The stock hit an intraday high of Rs. 709.35 and intraday low of 680.85. The net turnover during the day was Rs. 17495959.00.

Source : Equity Bulls

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LGBalakrishnanandBros Q1FY23 ResultUpdate