LG Balakrishnan & Bros ‘s Latest Q2 Report: Profit Up by 2.77% Year-on-Year

The comprehensive analytics outlining the performance and outlook of LG Balakrishnan & Bros Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at LG Balakrishnan & Bros Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 10.13 %. However, it did see a marginal increase of 15.69 % from the previous quarter. Expenses ticked up slightly by 14.27 % quarter-on-quarter, aligning with the annual rise of 10.98 %. Operating profit, while up 6.08 % compared to last year, faced a quarter-on-quarter increase of 23.38 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.64 %, but an expansion of 1.03 % sequentially. Other income fell by -19.66 % compared to the last quarter, despite an annual growth of 0.1 %. Interest expenses surged remarkably by 11.42 % from the previous quarter, yet the year-over-year increase remains at a moderate 42.69 %. Depreciation costs climbed by 3.6 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 18.17 %. Profit before tax grew annually by 2.23 % but saw an increase from the preceding quarter by 17.93 %.
Tax expenses as a percentage of profits decreased slightly by -0.4 % compared to last year, with a more notable quarter-on-quarter decrease of -0.67 %. Net profit rose by 2.77 % year-on-year but experienced a 18.95 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1.08 % but a quarterly rise of 16.99 %. In summary, LG Balakrishnan & Bros Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing LG Balakrishnan & Bros Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.13 % year-on-year growth, however, there was a minor increase of 15.69 % from the previous quarter. Expenses rose by 10.98 % compared to the previous year, with a 14.27 % increase quarter-on-quarter. Operating Profit surged by 6.08 % annually, and saw a 23.38 % increase from the last quarter.
Net Profit showed yearly increase of 2.77 %, and experienced a 18.95 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1.08 % annually, however rose by 16.99 % compared to the last quarter. In essence, while LG Balakrishnan & Bros Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.