LMW Limited reported a standalone net profit of ₹66.01 crore for the quarter ended June 30, 2026 (Q1FY26), marking a 169% year-on-year increase from ₹24.47 crore in Q1FY25. Revenue from operations grew 24.5% to ₹853.30 crore, supported by robust performance across its textile machinery and machine tool divisions. Consolidated net profit stood at ₹55.52 crore, up from ₹11.47 crore in the corresponding period of the previous fiscal.

The Board of Directors, meeting on July 24, 2026, approved the unaudited financial results pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. S. Krishnamoorthy & Co., the statutory auditors, issued a limited review report confirming that the financial statements present a true and fair view in accordance with Ind AS 34. The results were certified by CFO V Senthil and Chairman and Managing Director Sanjay Jayavarthanavelu.

Financial Performance

Standalone total income rose to ₹891.47 crore from ₹721.73 crore in Q1FY25. Profit before tax increased to ₹82.60 crore from ₹32.53 crore. Earnings per share (basic) jumped to ₹61.79 from ₹22.91. On a consolidated basis, revenue from operations was ₹860.72 crore, compared to ₹694.14 crore in Q1FY25. Consolidated EPS reached ₹51.97, up from ₹10.74.

Segment-wise Results

The Textile Machinery Division contributed ₹482.09 crore in standalone segment revenue, while the Machine Tool & Foundry Division added ₹343.03 crore. The Advanced Technology Centre generated ₹59.54 crore. In consolidated terms, the Textile Machinery Division reported segment revenue of ₹492.34 crore. Notably, the Textile Machinery Division’s standalone segment result turned positive at ₹10.90 crore, recovering from a loss of ₹11.16 crore in Q1FY25.

Strategic Expansion

The Board approved an amendment to Clause III(a) of the Memorandum of Association to expand the company’s object clause. This change aims to facilitate entry into Pharmaceuticals and Life Sciences, Specialty Chemicals and Advanced Materials, Electric Vehicles and Mobility, Renewable Energy, Electronics Manufacturing, and Robotics and Automation. Shareholders will vote on this proposal through a postal ballot process, with MDS & Associates LLP appointed as the scrutinizer.

What the Numbers Show

A key driver of the profit surge is the significant improvement in operating margins alongside revenue growth. Standalone profit before exceptional items and tax more than doubled to ₹85.01 crore from ₹33.82 crore, outpacing the 24.5% revenue growth. This divergence indicates enhanced operational leverage and cost management. Additionally, the recovery in the Textile Machinery Division’s segment profitability signals a stabilization in this core business unit after reporting losses in the prior year period.

LMW has reported a strong set of financial results for Q1, with net profit more than doubling to 660M rupees compared to 245M rupees in the year-ago period. The company's performance reflects meaningful improvement across all key financial parameters, including revenue, operating profitability, and margins.

Revenue and Profitability Performance

LMW's revenue for Q1 rose to 8.5B rupees, up from 6.8B rupees recorded in the same quarter last year, marking a notable year-on-year increase. The growth in topline was accompanied by a significant improvement in operating performance, with EBITDA climbing to 752M rupees from 256M rupees in the year-ago period. The EBITDA margin expanded sharply to 8.80% from 3.75% year-on-year, indicating improved operational efficiency and cost management during the quarter.

Key Financial Metrics at a Glance

The following table summarizes LMW's key financial metrics for Q1 compared to the same period last year:

The results highlight a significant turnaround in profitability, with net profit growing by a substantial margin year-on-year. The more than doubling of EBITDA, alongside a meaningful expansion in EBITDA margin, underscores the company's improved operating leverage during the quarter. Revenue growth of approximately 25% year-on-year further reinforces the strength of LMW's Q1 performance across all reported financial parameters.