Net profit of L G Balakrishnan & Bros declined 22.24% to Rs 17.83 crore in the quarter ended March 2019 as against Rs 22.93 crore during the previous quarter ended March 2018. Sales rose 11.05% to Rs 381.72 crore in the quarter ended March 2019 as against Rs 343.74 crore during the previous quarter ended March 2018.

For the full year,net profit rose 20.66% to Rs 96.65 crore in the year ended March 2019 as against Rs 80.10 crore during the previous year ended March 2018. Sales rose 20.27% to Rs 1582.10 crore in the year ended March 2019 as against Rs 1315.41 crore during the previous year ended March 2018.

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LG Balakrishnan & Bros announced that the Board of Directors of the Company at its meeting held on 29 April 2019, has recommended a Final dividend of Rs.5 per share (i.e.50%), subject to the approval of the shareholders.

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LG Balakrishnan & Bros will hold a meeting of the Board of Directors of the Company on 29 April 2019.

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Net profit of L G Balakrishnan & Bros rose 18.29% to Rs 28.00 crore in the quarter ended September 2018 as against Rs 23.67 crore during the previous quarter ended September 2017. Sales rose 21.75% to Rs 426.97 crore in the quarter ended September 2018 as against Rs 350.68 crore during the previous quarter ended September 2017.

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