Outcome of the board meeting held on 05.05.2026 Pursuant to reg 33 of SEBI (LODR) Reg, 2015
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
La Tim Metal & Industries Ltd's board approved audited standalone and consolidated financial results for the year ended March 31, 2026. The statutory auditor Dhirubhai Shah & Co LLP issued an unmodified (clean) opinion on both sets of accounts. Key highlights: standalone total assets grew to Rs. 17,693.34 lakhs from Rs. 12,864.81 lakhs year-on-year, and the company swung from a loss before tax of Rs. 189.13 lakhs in FY2025 to a profit of Rs. 1,015.74 lakhs in FY2026. Operating cash flow turned positive at Rs. 250.77 lakhs versus negative Rs. 393.61 lakhs previously. The board also appointed M/s. Akkad Mehta & Co LLP as internal auditor for FY 2026-27.
The clean audit opinion and strong turnaround from loss to profit should be positive for investor sentiment. The appointment of a new internal auditor indicates strengthening of internal controls. However, significant increases in inventories (Rs. 2,395 lakhs) and trade receivables (Rs. 594 lakhs) may warrant monitoring.