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LG Balakrishnan & Bros Limited — Board Meeting, 31-07-2025: Outcome of Board Meeting
31-07-2025 | 05:43 pm
31-07-2025 | 05:43 pm
L.G. Balakrishnan & Bros' board has approved the financial results for the quarter ended June 30, 2025. Consolidated revenue grew to ₹657.05 Cr from ₹571.29 Cr year-on-year, with net profit rising to ₹66.97 Cr from ₹65.21 Cr. EPS for the quarter stands at ₹21.00.
The company is expanding globally, approving a new manufacturing facility in Mexico for transmission products with an initial investment of 10 million USD, funded by internal accruals. Furthermore, the board authorized exploring new manufacturing plants in Vietnam/Thailand to tap into Southeast Asian markets, signaling strategic growth initiatives.
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