Tamil Nadu-based auto-ancillary company LG Balakrishnan & Bros remains on track to deliver 10–14% revenue growth for FY26, consistent with earlier guidance.

B Vijayakumar, Chairman and Managing Director of LG Balakrishnan & Bros said, noted that profitability and margins have been maintained, supported by strong performance from new businesses and steady execution across segments.

The company’s steel division, which was acquired earlier, has started contributing meaningfully to overall profits. Vijayakumar said, “I forecasted that we would be doing about ₹200 crore. It is now coming online. So profitability of that unit, along with consolidated profits, are what has helped us.”

In July-September quarter 2025 (Q2FY26), LG Balakrishnan & Bros reported a revenue of ₹787 crore, profit of

See Full Page