LMW Limited’s Board of Directors, at its meeting on October 21, 2026, approved the unaudited financial results for the quarter and half-year ended September 30, 2026. The board also sanctioned a significant capacity expansion plan, approving the establishment of a new ‘Machine Tool Division – Unit III’ with an investment of Rs. 10 Crores. Additionally, the retirement of Independent Director, Sri Arun Alagappan, effective October 25, 2026, was noted.
LMW Limited Approves Unaudited Financial Results and Capacity Expansion
LMW Limited announced today, October 21, 2026, the outcome of its Board of Directors meeting. The Board has approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and period ended September 30, 2026. These results, along with segment-wise details, statement of assets and liabilities, and cash flow statements, have been submitted for regulatory compliance. The financial results will be published in daily newspapers on October 22, 2026.
Significant Capacity Addition Approved
In a move to bolster its manufacturing capabilities, the Board of Directors has approved a proposal to set up a new unit named “Machine Tool Division – Unit III”. This expansion is part of the company’s strategy to increase its production capacity. The new unit will be established on land owned by the company located in Sangothipalayam, Arasur Village, Sulur Taluk, Coimbatore District. The investment required for this expansion is estimated at Rs. 10 Crores, and it will be financed through internal accruals. The company anticipates that this new unit will reduce the lead time for machine deliveries.
Director Retirement Noted
The Board also noted the retirement of Sri Arun Alagappan (DIN: 00291361) from the position of Non-Executive Independent Director. His retirement is effective from the close of business hours on October 25, 2026, consequent to the completion of his second term of five consecutive years. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, have been provided.
Financial Highlights
The unaudited standalone financial results show a Profit Before Tax (PBT) of Rs. 118.52 crores for the quarter ended September 30, 2026, compared to Rs. 82.60 crores in the corresponding period of the previous year. The Net Profit After Tax (PAT) stood at Rs. 87.21 crores for the quarter. For the half-year ended September 30, 2026, the PBT was Rs. 203.73 crores and PAT was Rs. 153.22 crores.
On a consolidated basis, the profit before exceptional items and tax for the quarter ended September 30, 2026, was Rs. 102.74 crores, with a Net Profit After Tax of Rs. 71.23 crores. For the half-year ended September 30, 2026, the consolidated PBT was Rs. 177.26 crores, and PAT was Rs. 126.75 crores.
Source: BSE
