LG Balakrishnan & Bros Limited has informed the Exchange regarding re-appointment of Mr G Jawaharlal as Internal Auditor of the company w.e.f. May 02, 2026.
LGBBROSLTD · price
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LG Balakrishnan & Bros Limited reported FY2026 audited financial results with standalone revenue of Rs 2,77,348 lakhs (up 16% YoY) and consolidated revenue of Rs 3,07,563 lakhs (up 19.3% YoY). Standalone PAT grew 5.4% to Rs 30,634 lakhs while consolidated PAT increased 5.5% to Rs 31,874 lakhs. EPS stood at Rs 96.05 (standalone) and Rs 99.95 (consolidated). The Board recommended a dividend of Rs 22 per share (220% on face value). Key decisions include re-appointment of Internal Auditors (Sri G Jawaharlal and M/s Lathi & Tapdiya) and Cost Auditor (Dr G L Sankaran) for FY2026-27, continuation of Sri S Sivakumar's directorship beyond age 75 pending shareholder approval, and resignation of VP Suresh Sivalingam effective January 31, 2026. Statutory auditors issued unmodified opinion.
Strong revenue growth (16-19%) demonstrates solid operational performance. Dividend declaration at Rs 22/share signals positive cash flow generation and benefits existing shareholders. No adverse audit findings provide confidence in financial reporting quality.