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.
On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 1.5 pts less than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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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.
Strong earnings beat and diversification into high-growth sectors could lift sentiment; new ventures carry execution risk.