LMW Ltd Announces Q1 Financial Results and Plans Strategic Expansion into New Technology Sectors
LMW Ltd, during a meeting of its Board of Directors held on July 24, 2026, released the unaudited financial results for the quarter ended June 30, 2026. The company also approved a significant amendment to its Memorandum of Association to reflect its evolving business objectives and future growth plans in high-tech sectors.The Board approved the Unaudited Financial Results (Standalone and Consolidated) along with a Limited Review Report issued by Statutory Auditors. Arrangements have been made to publish these financial results in Business Line (English) and Hindu-Tamil (Tamil) on July 25, 2026.
Strategic Expansion of Business Scope
In response to the changing business environment and technological advancements, the Board determined that it was appropriate to expand the company’s operational scope. The proposed amendment aims to allow LMW Ltd to undertake businesses relating to Pharmaceuticals and Life Sciences, Specialty Chemicals and Advanced Materials, Electric Vehicles and Mobility, Renewable Energy, Electronics Manufacturing, and Robotics and Automation, along with related products and services.To formalize this shift, the Board approved a proposal to amend Clause III(a) (Objects Clause) of the Memorandum of Association by inserting new subclauses 28 through 33. This amendment is subject to approval by the Members through a Postal Ballot process.
Furthermore, S. M. D. Selvaraj, Managing Partner at MDS & Associates LLP, has been appointed as the Scrutinizer for conducting the postal ballot process.
Financial Performance Highlights
The unaudited financial results offer insights into the company's operations across various segments and consolidated performance.Standalone Unaudited Results (Quarter Ended June 30, 2026)
| Particulars | Q ended 30 June 2026 (Unaudited) | Q ended 31 March 2026 (Audited) | Q ended 30 June 2025 (Unaudited) | FY ended 31 March 2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 853.30 | 853.69 | 685.37 | N/A |
| Other Income | 38.17 | 35.68 | 36.36 | 139.56l |
| Total Income from Operations | 891.47 | 889.37 | 721.73l | 3,221.40l |
| Cost of Material Consumed | 551.48 | 527.54 | 431.15l | 1,930.84l |
| (Changes in inventories) | (21.59) | 7.50 | (5.20l) | (15.94l) |
| Employee Benefits Expense | 98.67 | 90.02 | 89.43l | 355.31l |
| Depreciation and Amortisation Expense | 28.41 | 28.63 | 28.21l | 114.43l |
| Other Expenses | 149.49 | 163.88 | 144.32l | 615.70l |
| Total Expenses | 886.46 | 817.57 | 687.91l | 3,000.34l |
| Profit before Tax | 85.01 | 71.80 | 33.82l | 221.06l |
| Net Profit after Tax (Ordinary Activities) | 66.01 | 54.37 | 24.47l | 153.92l |
Consolidated Unaudited Results (Quarter Ended June 30, 2026)
The consolidated results encompass the parent company and its subsidiaries, including LMW Holding Limited, UAE, and LMW Aerospace Industries Limited, India.
| Particulars | Q ended 30 June 2026 (Unaudited) | Q ended 31 March 2026 (Audited) | FY ended 31 March 2026 (Audited) |
|---|---|---|---|
| Total Income from Operations | 971.81 | 730.74 | 3,353.36 |
| Cost of Material Consumed | 443.23 | N/A | 1,995.01 |
| Changes in Inventories | 13.31 | (15.22) | (8.85) |
| Employee Benefits Expense | 99.56 | 97.27l | 390.13l |
| Depreciation and Amortisation Expense | 30.20 | N/A | 120.18l |
| Other Expenses | 175.63 | 155.11l | 661.90l |
| Total Expenses | 893.57 | 709.92l | 3,158.37l |
| Profit before Exceptional Items and Tax | 78.24 | 20.82 | 194.99l |
| Net Profit from Ordinary Activities after Tax | 63.69 | 11.47l | 130.73l |
The consolidated results include financial information from wholly owned subsidiaries, such as LMW Textile Machinery (Suzhou) Co. Ltd, China, and LMW Global FZE, UAE. For the period ended June 30, 2026, the subsidiary LMW Holding Limited, UAE reported a total revenue of Rs. 52.01 Crs and a total net loss of Rs. 10.50 Crs.
These results were reviewed by S. Krishnamoorthy & Co., Chartered Accountants, confirming that nothing came to their attention to suggest that the statements contained any material misstatement.
LMW Stock Price Movement
Shares of LMW Limited are edging higher to ₹16,913 as of 1:30 PM today, after rallying by 6.14% in live trading following a strong morning performance. The equity surged past its intraday high to touch the annual peak of ₹17,699, with total volume registering at 5,381 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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