Announced Fri, 24 Jul · 13:24 IST
LMW Q1 profit surges over 2.5x, board plans foray into EVs and robotics
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
₹16234.00
base price
In-mkt
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AI summary
LMW posted strong Q1 FY27 results. Standalone revenue grew 24.5 percent to Rs 853.30 crore, with net profit nearly tripling to Rs 66.01 crore from Rs 24.47 crore. Consolidated revenue rose 24 percent to Rs 860.72 crore; consolidated PAT jumped to Rs 55.52 crore from Rs 11.47 crore. Board also approved amending the Objects Clause to enter Pharmaceuticals, EVs, Renewable Energy, Robotics and Electronics, subject to shareholder approval via postal ballot.
Likely market impact
Strong earnings beat and diversification into high-growth sectors could lift sentiment; new ventures carry execution risk.