LG Balakrishnan & Bros Q3 FY24 Results Live: Profit Rises by 0.54% YoY

LG Balakrishnan & Bros declared their Q3 FY24 results on 29 Jan, 2024. The topline increased by 3.33% & the profit increased by 0.54% YoY. As compared to the previous quarter, the revenue grew by 0.04% and the profit decreased by 3.92%.

The Selling, general & administrative expenses rose by 6.34% q-o-q & increased by 9.39% Y-o-Y.

The operating income was down by 4.11% q-o-q & decreased by 1.91% Y-o-Y.

The EPS is ₹23.11 for Q3 FY24 which increased by 2.23% Y-o-Y.

LG Balakrishnan & Bros has delivered -1.52% return in the last 1 week, 18.28% return in the last 6 months and 1.33% YTD return.

Currently, LG Balakrishnan & Bros has a market cap of ₹4002.38 Cr and 52wk high/low of ₹1425 & ₹645.1 respectively.

As of 01 Feb, 2024, out of 2 analysts covering the company, 1 analyst has given a Buy rating & 1 analyst has given a Strong Buy rating.

The consensus recommendation as of 01 Feb, 2024, was to Strong Buy.