Announced Fri, 24 Jul · 13:31 IST
LMW Q1 profit nearly triples; board expands business scope
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LMW · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.4%1-day move
₹15994.00
prior close
₹16397.00
base price
In-mkt
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AI summary
LMW Q1 FY27 standalone revenue rose 24.5% to Rs 853.30 Cr; net profit surged 170% to Rs 66.01 Cr (EPS Rs 61.79 versus Rs 22.91). Consolidated profit jumped to Rs 55.52 Cr from Rs 11.47 Cr. Board also approved amending the MOA to enter Pharmaceuticals, EVs, Renewable Energy, Electronics, Robotics, and Specialty Chemicals, subject to shareholder approval via postal ballot.
Likely market impact
Strong Q1 earnings beat and diversification into new-age sectors signal growth intent; postal ballot needed for MOA change.