The Board of Directors of the Company at its meeting held on Saturday, May 2, 2026 had considered and approved the Financial Results and Dividend for the financial year 2025-26.
LGBBROSLTD · price
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LG Balakrishnan & Bros Ltd reported strong financial results for FY 2025-26. Standalone revenue grew 16% to Rs. 2,77,348 Lakhs while consolidated revenue rose 19.3% to Rs. 3,07,563 Lakhs. Standalone net profit increased 5.4% to Rs. 30,634 Lakhs and consolidated net profit grew 5.5% to Rs. 31,874 Lakhs. The Board recommended a dividend of Rs. 22 per share (220% on face value of Rs. 10), to be paid by September 18, 2026. Statutory auditors issued an unmodified (clean) audit opinion. An exceptional item of Rs. 260.24 Lakhs was recorded, primarily due to Rs. 1,242.62 Lakhs one-time cost from new Labour Codes implemented from November 2025. Additionally, Mr. Suresh Sivalingam, VP Strategic Business Development, resigned effective January 31, 2026.
Positive signals include revenue growth and a clean audit, though PAT growth of ~5.5% is modest. The one-time Labour Code impact of Rs. 1,242.62 Lakhs is non-recurring and should not affect core earnings assessment. The dividend of Rs. 22/share signals confidence. The senior management resignation is a minor concern but appears personal in nature.