Shares of LG Balakrishnan & Bros Ltd surged more than 14% to ₹1,620.20 in early trade on Monday after the company reported robust September quarter (Q2 FY26) earnings, supported by higher sales and improved margins.
The auto components manufacturer posted consolidated net sales of ₹787.02 crore in Q2 FY26, marking a 19.08% year-on-year increase from ₹660.93 crore in the same quarter last year.
Net profit rose 20.75% YoY to ₹93.62 crore compared to ₹77.54 crore a year ago, driven by strong demand in the automotive chain and sprocket segment as well as exports.
EBITDA for the quarter stood at ₹151.04 crore, up 21.84% YoY from ₹123.97 crore, while EBITDA margins improved to 17.35%, compared to 16.59% in the year-ago period — reflecting better operational efficiency and product mix.
Earnings per share (EPS) climbed to ₹29.36 in Q2 FY26 from ₹24.31 in Q2 FY25, highlighting continued profitability and shareholder value creation.
The company’s strong earnings performance comes amid sustained momentum in the two-wheeler and exports segment, fueling investor sentiment and sparking sharp gains in the stock.
At 9:59 AM, the stock was trading at ₹1,620.20, up ₹202.30 or 14.27%, making it one of the top performers on the NSE.
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