LG Balakrishnan & Bros Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 26, 2026
LGBBROSLTD · price
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L.G. Balakrishnan & Bros Limited reported strong FY2026 results with consolidated revenue growing 19.3% to Rs 3,07,562.62 Lakhs from Rs 2,57,828.74 Lakhs in the previous year. Standalone revenue increased 16% to Rs 2,77,348.40 Lakhs. Net profit on consolidated basis rose 5.5% to Rs 31,874.29 Lakhs while standalone net profit grew 5.4% to Rs 30,634.24 Lakhs. Basic EPS improved from Rs 95.44 to Rs 99.95 per share. The Board recommended a dividend of Rs 22 per equity share (220% on face value). Statutory auditors issued an unmodified (clean) audit opinion. An exceptional item of Rs 103.71 Lakhs was recorded primarily due to subsidy received and statutory impact of new Labour Codes (Rs 1,242.62 Lakhs one-time provision). The 70th AGM is scheduled for August 26, 2026.
The company delivered solid revenue growth of ~20% indicating strong business momentum. However, PAT growth of ~5.5% lagged revenue growth due to higher input costs and increased finance costs. The clean audit opinion and dividend recommendation are positive signals for shareholders. The one-time labour code impact is non-recurring in nature.