Announced Fri, 24 Jul · 13:34 IST
Board approves Q1 results and postal ballot for diversification
Board & Shareholder Meetings View source PDF
LMW · price
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Price reaction · full curve 14 horizons · vs prior close
+1.4%1-day move
₹15994.00
prior close
₹16470.00
base price
In-mkt
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AI summary
Board on 24 July 2026 approved Q1FY27 results. Standalone revenue rose to Rs 853.30 Cr from Rs 685.37 Cr YoY, net profit jumped to Rs 66.01 Cr from Rs 24.47 Cr, EPS at Rs 61.79 versus Rs 22.91. Board also approved amending the Objects Clause to enter Pharmaceuticals, Electric Vehicles, Renewable Energy, Robotics and related sectors, subject to member approval through postal ballot.
Likely market impact
Profit nearly triples YoY in Q1; board seeks shareholder approval via postal ballot to diversify into new-age sectors.