NSE:LGBBROSLTD management interview: Healthy Revenue Growth In Q1 For LG Balakrishnan | Expect Rs 30–40 Cr Revenue From SLGB JV In 2 Yrs
CNBC-TV18, 2026-08-04. Video: https://www.youtube.com/watch?v=BsKgN5MJ8rw
- Margin and growth: The company targets continuous 20% revenue growth and expects operating margins to normalize back to 17% by the end of the second quarter as input cost pressures subside.
- Overseas operations: The Vietnam setup is an experimental, low-capital investment to qualify for local manufacturing, while production at the fully invested Mexico facility is slated to begin next year.
- Subsea business JV: The joint venture with SLGB Energy Solutions for oil and gas fabrication is a long-term initiative expected to reach a turnover of ₹30–40 crore within two years.
- LGB Steel turnover: LGB Steel is operating profitably and is projected to achieve a turnover of ₹300 crore this year with a healthy bottom line.