LG Balakrishnan & Bros Limited has announced its financial results for the quarter and half-year ended September 30, 2025, showcasing significant growth in revenue and profitability.

Financial Highlights

Quarter Ended September 30, 2025

• Standalone revenue from operations reached Rs. 71,442.44 lakhs, up from Rs. 59,246.04 lakhs in the previous quarter.
• Net profit increased to Rs. 8,399.13 lakhs, compared to Rs. 6,679.88 lakhs in the prior quarter.
• Basic earnings per share stood at Rs. 26.34, up from Rs. 20.95 in the previous quarter.

Half-Year Period

• Revenue from operations totaled Rs. 1,30,688.48 lakhs.
• Net profit amounted to Rs. 15,079.01 lakhs.

Segment Performance

The company operates in two main segments:

1. Transmission: Contributed Rs. 59,598.96 lakhs to quarterly revenue.
2. Metal Forming: Added Rs. 11,843.48 lakhs to quarterly revenue.

Corporate Governance

• The Board meeting was held on October 31, 2025.
• The Audit Committee reviewed and the Board of Directors approved the audited financial results.
• Statutory auditors expressed an unmodified opinion on the financial results.

Company Overview

LG Balakrishnan & Bros Limited operates in the automotive components sector, with a focus on transmission and metal forming segments. The company's strong performance in both revenue and profitability suggests a positive trajectory. The growth in its key segments indicates resilience in the industry.

Investors and analysts may monitor the company's performance in subsequent quarters to assess if this growth momentum can be sustained, particularly in light of broader economic conditions and trends in the automotive industry.

In a case of mistaken identity, shares of LG Balakrishnan & Bros , a Coimbatore-based auto component manufacturer, experienced unusual trading activity as investors erroneously purchased its stock while attempting to buy shares of the newly-listed LG Electronics India.

Stock Price Fluctuation

The confusion led to a significant surge in LG Balakrishnan & Bros' stock price, reaching ₹1,600.00 – nearly 15% above its previous closing price of ₹1,390.00. However, the gains were short-lived as the stock eventually closed 1.6% lower at ₹1,367.60.

Trading Volume Spike

The mistaken identity resulted in an extraordinary increase in trading volume:

This surge represents a staggering increase of over 2,000% compared to the typical daily trading volume.

Market Capitalization

LG Balakrishnan & Bros, with a market value of ₹4,372.00 crore, found itself at the center of this confusion as investors rushed to participate in what they believed was the LG Electronics India IPO.

Similar Incidents

This is not an isolated incident in the stock market. Brokers have reported comparable cases of mistaken identity:

1. Confusion between Tata Motors and its DVR shares
2. Global mix-up where Zoom Technologies was mistaken for Zoom Video Communications

These incidents highlight the importance of investor awareness and the need for careful verification when placing stock orders, especially during high-profile IPOs or listings.

Investor Takeaway

This event serves as a reminder for investors to exercise caution and double-check stock symbols and company details before executing trades. It also underscores the potential for short-term price volatility that can occur due to such misunderstandings in the market.