La Tim Metal & Industries Reports Q2 Results and Approves Merger Feasibility Study

La Tim Metal & Industries Limited, a company operating in steel products and real estate development segments, has announced its financial results for the quarter and half-year ended September 30, 2025, along with a significant corporate development.

Financial Performance

The company reported a consolidated revenue from operations of ₹8,923.55 crore for the quarter ended September 30, 2025, compared to ₹8,757.83 crore in the previous quarter. For the half-year ended September 30, 2025, the consolidated revenue stood at ₹17,681.38 crore.

La Tim Metal & Industries' profit after tax for Q2 2025 was ₹144.68 crore, showing a decrease from ₹202.64 crore in Q1 2025. The half-yearly profit after tax amounted to ₹347.32 crore.

Key Financial Highlights

Particulars (Consolidated)	Q2 2025 (₹ in crore)	Q1 2025 (₹ in crore)	H1 2025 (₹ in crore)
Revenue from Operations	8,923.55	8,757.83	17,681.38
Total Income	8,969.78	8,957.86	17,927.64
Profit Before Tax	170.52	252.81	423.33
Profit After Tax	144.68	202.64	347.32
Earnings Per Share (₹)	0.11	0.15	0.26

Segment Performance

The company's financial results are primarily driven by its steel and steel products segment. For the half-year ended September 30, 2025, this segment contributed ₹17,681.38 crore to the total revenue.

Merger Feasibility Study

In a significant development, the board of directors has approved the appointment of Bagaria & CO LLP, Chartered Accountants, to assess the possibility of a merger between La Tim Metal & Industries Ltd and La Tim Lifestyle & Resorts Ltd. This move suggests that the company may be exploring strategic options to enhance its business portfolio and create potential synergies.

Balance Sheet Position

As of September 30, 2025, La Tim Metal & Industries reported total assets of ₹16,293.88 crore on a consolidated basis. The company's equity share capital stood at ₹1,315.51 crore, with total equity (including other equity) amounting to ₹7,389.05 crore.

Outlook

While the company has shown steady performance in its core steel business, the exploration of a potential merger indicates that La Tim Metal & Industries may be looking at diversifying its operations or strengthening its position in the real estate development sector. The outcome of the merger feasibility study will be crucial in determining the company's future strategic direction.

Investors and stakeholders will likely keep a close watch on the developments regarding the potential merger, as well as the company's performance in the coming quarters, given the decline in quarterly profits.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.42%	-3.23%	+29.03%	+27.80%	-21.47%	+255.03%

La Tim Metal & Industries Limited has issued a corrigendum to its Extra-Ordinary General Meeting (EGM) notice, providing additional details on shareholding and beneficial ownership. The update, dated November 7, 2025, supplements the original EGM notice from October 24, 2025, with two significant changes.

Key Updates in the Corrigendum

Ultimate Beneficial Owner (UBO) Details: The corrigendum now includes information about the UBO of Smarthorizon under point 12 of the explanatory statement.
Post-Issue Shareholding Percentages: A new point 21 has been added to comply with SEBI ICDR regulation 163(fa), detailing the post-issue percentage holdings of all allottees.

Shareholding Information

The corrigendum provides comprehensive details on the pre-issue and post-issue shareholding structure. Here's a summary of some key allottees:

Allottee Name	Category	Pre-Issue Shares	Pre-Issue %	Warrants	Post-Issue Shares	Post-Issue %
Kartik Maganlal Timbadia	Promoter	7,794,249	5.88	500,000	8,294,249	4.52
Rahul Maganlal Timbadia	Promoter	11,552,500	8.72	4,500,000	16,052,500	8.76
Radhika Rahul Timbadia	Promoter	6,250,000	4.72	12,000,000	18,250,000	9.95
Smart Horizon Opportunity fund	Non-Promoter	200,000	0.15	500,000	700,000	0.38

Implications for Shareholders

Transparency: The additional information provides greater transparency about the company's ownership structure and the potential impact of the proposed allotment.
Regulatory Compliance: The inclusion of post-issue percentages for all allottees ensures compliance with SEBI regulations, particularly ICDR regulation 163(fa).
Shareholder Rights: Existing shareholders can now better understand how the proposed allotment might affect their relative ownership stakes in the company.

Next Steps

The corrigendum is being sent electronically to members who have registered their email IDs with depositories and the company's registrar. Shareholders are advised to read the corrigendum in conjunction with the original EGM notice dated October 24, 2025.

The updated information is available on the company's website ( www.latimmetal.com ) and the BSE Limited website ( www.bseindia.com ). Shareholders are encouraged to review these details before the EGM.

All other contents of the original EGM notice remain unchanged, except for the modifications outlined in the corrigendum.