LG Balakrishnan & Bros Expands Global Footprint with $10M Mexico Plant Investment Jul 31, 2025
LG Balakrishnan & Bros Expands Globally with $10M Investment in Mexico Plant Jul 31, 2025
More news about LG Balakrishnan & Bros
31Jul 25
LG Balakrishnan & Bros Expands Globally with $10M Investment in Mexico, Reports Strong Q1 Performance
LG Balakrishnan & Bros Limited has approved a $10 million investment for a new manufacturing facility in Mexico, targeting transmission products for automotive and industrial applications. The company is also exploring opportunities in Vietnam and Thailand. Q1 financial results show a 15.27% YoY increase in consolidated revenue to ₹657.05 crores, with net profit rising 2.76% to ₹67.00 crores. EBITDA grew by 8.86% to ₹97.10 crores, though the EBITDA margin slightly decreased to 14.78%.
L.G. Balakrishnan & Bros posted impressive Q4 results with a 23.79% year-over-year increase in net profit to ₹840.00 million. Revenue grew by 9.84% to ₹6700.00 million. The company also announced a dividend of ₹20.00 per equity share, reflecting strong financial performance and shareholder value focus.
L.G. Balakrishnan & Bros, an automotive components manufacturer, released its Q4 financial results. EBITDA increased by 2% year-over-year to ₹1.02 billion, but EBITDA margin decreased to 15.25% from 16.64%. The Board recommended a dividend of ₹20 per equity share for the fiscal year, subject to shareholder approval.