Financial Results Overview
Standalone Financial Performance (₹ in Lakhs)
Quarter Ended September 30, 2026:
- Total Income: ₹84,768.76
- Total Expenses: ₹74,259.45
- Profit Before Tax: ₹12,113.15
- Exceptional Items: ₹249.14 (subsidy received)
- Profit After Tax: ₹9,341.79
Half-Year Ended September 30, 2026:
- Total Income: ₹1,55,481.16
- Total Expenses: ₹1,38,275.72
- Profit Before Tax: ₹20,354.92
- Exceptional Items: ₹689.50 (subsidy received)
- Profit After Tax: ₹15,927.34
Consolidated Financial Performance (₹ in Lakhs)
Quarter Ended September 30, 2026:
- Total Income: ₹94,832.25
- Profit Before Tax: ₹12,282.54
- Profit After Tax: ₹9,394.49
Half-Year Ended September 30, 2026:
- Total Income: ₹1,74,708.62
- Profit Before Tax: ₹20,721.89
- Profit After Tax: ₹16,095.89
Key Financial Metrics
- Basic EPS (Standalone): ₹29.29 for Q2 FY27; ₹49.94 for H1 FY27
- Diluted EPS (Standalone): ₹29.29 for Q2 FY27; ₹49.94 for H1 FY27
- Paid-up Equity Share Capital: ₹3,189.24 Lakhs (Face Value ₹10/- each)
Subsidiary Investments Approved
Investment in LGB Steel Private Limited
- Amount: ₹15,00,69,660 (₹150.07 Crore)
- Instrument: 32,838 equity shares via rights issue
- Price per share: ₹4,570 (including premium of ₹4,560)
- Purpose: Support business expansion of the wholly-owned subsidiary
- Current Status: LGB Steel is 100% subsidiary since February 13, 2024
- Financials of LGB Steel (FY 2025-26):
- Turnover: ₹20,711.57 Lakhs
- Networth: ₹6,649.34 Lakhs
- Industry: Engineering
Investment in SLGB Energy Solutions Private Limited
- Amount: ₹9,78,69,000 (₹97.87 Crore)
- Instrument: 9,78,690 equity shares at par (₹100 face value) via rights issue
- Purpose: Support commencement of commercial operations
- Current Status: Newly incorporated subsidiary (September 9, 2026) where company holds 51%
- Business: Manufacturing, precision machining, assembly, quality testing of subsea components, modules, connectors, tools, and equipment for global subsea OEMs and EPC contractors
Segment-wise Performance (H1 FY27)
Transmission Segment
- Revenue: ₹1,27,771.34 Lakhs (Standalone)
- Profit Before Interest and Tax: ₹18,575.90 Lakhs
Metal Forming Segment
- Revenue: ₹27,709.82 Lakhs (Standalone)
- Profit Before Interest and Tax: ₹3,281.70 Lakhs
Auditor Reports
- Statutory Auditors (Suri & Co.) issued unmodified audit opinions for both standalone and consolidated financial results
- Consolidated results include: LGB Steel Private Limited, LGB-USA INC, GFM Acquisition LLC, LGB Mexico, and GFM LLC
- Financial results for LGB Steel Private Limited were audited by their respective independent auditors
- Results for other subsidiaries (LGB-USA INC, GFM entities) were unaudited but considered not material to the Group
Additional Notes
- Previous period figures have been regrouped/reclassified for comparability
- Exceptional item represents subsidy received
- Contribution to Share Capital of Joint Venture SLGB Energy Solutions pending allotment and not included in consolidated results
- The company has maintained adequate internal financial controls as confirmed by auditors