L.G. Balakrishnan & Bros Limited (CIN: L29191TZ1956PLC000257), headquartered in Ganapathy, Coimbatore, has published its audited standalone and consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27). The Board of Directors approved these audited results during their meeting on July 31, 2026.
Executive Summary & Financial Highlights
Consolidated Performance
Revenue from Operations: Reached ₹79,876.37 lakhs in Q1 FY27, growing 21.57% year-over-year compared to ₹65,704.51 lakhs in Q1 FY26. Sequentially, operational revenue saw a mild decline of 1.99% from ₹81,499.90 lakhs in Q4 FY26.
Total Income: Stood at ₹81,539.28 lakhs, compared to ₹67,220.02 lakhs in Q1 FY26 and ₹83,751.00 lakhs in Q4 FY26.
Net Profit After Tax (PAT): Recorded at ₹6,701.40 lakhs, representing a 0.07% YoY rise over ₹6,696.83 lakhs in Q1 FY26. Sequentially, PAT contracted 3.81% from ₹6,966.77 lakhs in Q4 FY26.
Earnings Per Share (EPS): Basic and diluted EPS for Q1 FY27 stood at ₹21.01 per share (un-annualized), compared to ₹21.00 in Q1 FY26 and ₹21.86 in Q4 FY26.
Standalone Performance
Revenue from Operations: Reached ₹70,712.40 lakhs, up 19.35% YoY from ₹59,246.04 lakhs in Q1 FY26.
Total Income: Stood at ₹72,258.04 lakhs (vs. ₹60,736.60 lakhs in Q1 FY26).
Net Profit After Tax (PAT): Stood at ₹6,585.55 lakhs (vs. ₹6,679.88 lakhs in Q1 FY26).
Earnings Per Share (EPS): Basic and diluted EPS stood at ₹20.65 per share.
Operating Expenditure Breakdown
Consolidated expenses for Q1 FY27 rose to ₹73,099.93 lakhs, up 24.03% YoY from ₹58,937.94 lakhs in Q1 FY26.
Consolidated Cost Components
Cost of Materials Consumed: ₹36,546.96 lakhs (vs. ₹31,511.67 lakhs in Q1 FY26)
Employee Benefits Expense: ₹13,574.69 lakhs (vs. ₹11,962.65 lakhs in Q1 FY26)
Other Expenses: ₹19,491.20 lakhs (vs. ₹16,524.75 lakhs in Q1 FY26)
Depreciation and Amortisation Expense: ₹3,305.64 lakhs (vs. ₹2,637.36 lakhs in Q1 FY26)
Finance Costs: ₹524.64 lakhs (vs. ₹306.96 lakhs in Q1 FY26)
Changes in Inventories: ₹(343.20) lakhs (vs. ₹(4,005.45) lakhs in Q1 FY26)
Exceptional Items and Tax Outgo
Exceptional Item: The company recognized an exceptional gain of ₹440.36 lakhs for Q1 FY27 (representing subsidy received), compared to ₹838.06 lakhs in Q1 FY26 and ₹103.71 lakhs in Q4 FY26.
Tax Expenses (Consolidated):
Current Tax: ₹2,143.99 lakhs
Deferred Tax: ₹34.32 lakhs
Total Tax Outgo: ₹2,178.31 lakhs (vs. ₹2,423.31 lakhs in Q1 FY26)
Segmental Revenue and Results Breakdown
Segment Revenue (Consolidated)
Transmission Segment: Generated ₹58,153.68 lakhs, expanding 19.77% YoY compared to ₹48,556.48 lakhs in Q1 FY26. It remains the core revenue contributor (72.80% of total revenue).
Metal Forming Segment: Generated ₹21,722.69 lakhs, growing 26.68% YoY compared to ₹17,148.03 lakhs in Q1 FY26.
Segment Results (Profit Before Tax & Interest)
Transmission Segment: Contributed ₹7,327.72 lakhs (vs. ₹7,075.87 lakhs in Q1 FY26).
Metal Forming Segment: Contributed ₹2,063.69 lakhs (vs. ₹1,909.66 lakhs in Q1 FY26).
Q1 FY27 Consolidated Segment Revenue
┌─────────────────────────────────────────────────────────────────────────────────┐
│ Transmission Segment: ₹58,153.68 Lakhs (72.80%) │
├─────────────────────────────────────────────────────────────────────────────────┤
│ Metal Forming Segment: ₹21,722.69 Lakhs (27.20%) │
└─────────────────────────────────────────────────────────────────────────────────┘