Board meeting outcome held on August 12, 2025, for approval of unaudited statement for the quarter ended June 30, 2025
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La Tim Metal & Industries' Board approved unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025), reviewed by statutory auditors Dhirubhai Shah & Co LLP with a clean (unqualified) limited review report. The company swung back to profitability with a profit after tax of Rs. 202.64 lakhs versus a loss of Rs. 574.02 lakhs in the same quarter last year. Steel & Steel Products segment revenue grew strongly to Rs. 875.79 lakhs from Rs. 695.26 lakhs YoY, driven entirely by the Steel segment as Real Estate Development showed no revenue. The company also incorporated a new subsidiary, La Tim Buildarch LLP (75% holding, Rs. 7.5 lakh capital contribution on June 9, 2025), which has not yet commenced operations and has no impact on current results. Earnings per share for the quarter stood at Rs. 0.15 versus a loss of Rs. 0.44 in Q1 FY25.
Sharp return to profitability and strong Steel segment revenue growth in Q1 FY26 are positive signals for shareholders, indicating operational turnaround. However, the results are partly supported by base-effect recovery from last year's losses, and the newly added dormant subsidiary (Real Estate arm) signals a diversification attempt that is yet to contribute.