LG Balakrishnan & Bros Ltd reported a mixed performance for the fourth quarter, with strong revenue growth but pressure on profitability and margins.
The company posted a net profit of ₹70 crore for the quarter, marking a decline of 17% compared to ₹84 crore in the same period last year. Despite the drop in profit, revenue from operations rose sharply by 21.8% year-on-year to ₹815 crore, up from ₹669.2 crore, reflecting healthy demand across segments.
Operational performance remained steady, with EBITDA increasing 13.2% YoY to ₹115.5 crore from ₹102 crore. However, margins came under pressure during the quarter, with EBITDA margin declining to 14.17% from 15.25% in the corresponding period last year.