LMW Q2 profit nearly doubles YoY to Rs 87 cr; board approves Rs 10 cr new unit
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 2.6 pts more than Nifty Microcap 250 and 3.1 pts more 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 Q2 FY27 standalone revenue rose 45% YoY to Rs 1,127.52 cr; net profit nearly doubled to Rs 87.21 cr. H1 revenue hit Rs 1,980.82 cr with PAT at Rs 153.22 cr. Board approved a new Machine Tool Division unit at Coimbatore - Rs 10 cr via internal accruals, adding 125 machines per month by Dec 2026. Independent Director Arun Alagappan retires on Oct 25.
Strong earnings momentum with profits doubling. Small capex of Rs 10 cr signals growth focus without equity dilution. Director retirement is routine.