Stock Report

L G Balakrishnan and Bros Ltd Q3 FY2023-24 consolidated net profit at Rs. 72.54 crores



Posted On : 2024-01-29 23:14:00( TIMEZONE : IST )

L G Balakrishnan and Bros Ltd Q3 FY2023-24 consolidated net profit at Rs. 72.54 crores

LG Balakrishnan & Bros Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 612.1491 crores during the period ended December 31, 2023 as compared to Rs. 611.8073 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 72.5409 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 75.4978 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 23.11 for the period ended December 31, 2023 as compared to Rs. 24.05 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 612.1491 crs ₹611.8073 crs Up Tick / Down Tick0.06%
Net Profit ₹72.5409 crs ₹75.4978 crs Up Tick / Down Tick-3.92%
EPS ₹23.11 ₹24.05 Up Tick / Down Tick-3.91%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 612.1491 crores during the period ended December 31, 2023 as compared to Rs.586.9839 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.72.5409 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.72.1492 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.23.11 for the period ended December 31, 2023 as compared to Rs.22.98 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 612.1491 crs ₹586.9839 crs Up Tick / Down Tick4.29%
Net Profit ₹72.5409 crs ₹72.1492 crs Up Tick / Down Tick0.54%
EPS ₹23.11 ₹22.98 Up Tick / Down Tick0.57%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1772.2022 crores during the 9 Months period ended December 31, 2023 as compared to Rs.1694.4485 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.203.4823 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.197.5318 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.64.82 for the 9 Months period ended December 31, 2023 as compared to Rs.62.92 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹1772.2022 crs ₹1694.4485 crs Up Tick / Down Tick4.59%
Net Profit ₹203.4823 crs ₹197.5318 crs Up Tick / Down Tick3.01%
EPS ₹64.82 ₹62.92 Up Tick / Down Tick3.02%

Shares of LG Balakrishnan & Bros Limited was last trading in BSE at Rs. 1310.00 as compared to the previous close of Rs. 1290.30. The total number of shares traded during the day was 3295 in over 418 trades.

The stock hit an intraday high of Rs. 1322.80 and intraday low of 1244.05. The net turnover during the day was Rs. 4211307.00.

Source : Equity Bulls

Keywords

LGBalakrishnanandBros Q3FY24 9MFY24 ResultUpdate