La tim metal & industries Limited has announced its unaudited financial results for the third quarter of FY26 ended December 31, 2025, demonstrating strong operational performance across key financial metrics. The Mumbai-based steel and steel products manufacturer reported significant growth in both revenue and profitability compared to the corresponding period in the previous year.

Financial Performance Overview

The company's standalone financial results show robust growth across multiple parameters. Revenue from operations reached ₹8,592.10 lakhs in Q3FY26, marking a substantial increase from ₹4,782.71 lakhs reported in Q3FY25. This performance reflects the company's strengthened market position in the steel sector.

Nine-Month Performance

For the nine-month period ended December 31, 2025, LATIM Metal demonstrated consistent growth momentum. The company achieved total revenue from operations of ₹26,254.67 lakhs compared to ₹18,655.21 lakhs in the corresponding nine-month period of FY25. Net profit after tax for the nine-month period stood at ₹538.33 lakhs, showing improvement from ₹488.02 lakhs in the previous year.

Operational Metrics and Cost Management

The company's cost structure reflects efficient operational management. Cost of materials consumed was ₹5,719.14 lakhs in Q3FY26, while employee benefit expenses remained controlled at ₹97.79 lakhs. Finance costs were ₹134.81 lakhs, and depreciation expenses stood at ₹69.41 lakhs for the quarter.

Consolidated Results and Subsidiary Performance

On a consolidated basis, the company reported revenue from operations of ₹8,795.87 lakhs in Q3FY26 with consolidated net profit of ₹204.19 lakhs. The consolidated results include La Tim Buildarch LLP, in which the company holds a 75% stake. This subsidiary was incorporated on June 9, 2025, with the company contributing ₹7.5 lakhs in capital.

Corporate Developments

The Board of Directors, in their meeting held on February 10, 2026, approved several significant decisions. Key among these was the proposal to appoint a registered valuer under the Companies Act, 2013, for conducting an independent valuation in connection with the proposed merger of LA-TIM Lifestyle and Resorts Limited with LATIM Metal & Industries Limited.

Business Segments and Operations

The company operates primarily in two segments: Steel & Steel Products, and Real Estate Development Activity. Currently, all revenue is generated from the Steel & Steel Products segment, with the Real Estate Development segment showing no activity during the reported periods. The company maintains its registered office at Navkar Plaza, Bajaj Road, Vile Parle (West), Mumbai, and operates under CIN L99999MH1974PLC017951.

La Tim Metal & Industries Limited has announced a significant move into real estate development, partnering with ELTRIA LANDS LLP for a residential project in Raigad district. This strategic agreement marks a diversification of La Tim Metal & Industries' business interests and potentially opens up a new revenue stream for the company.

Project Details

Key Points of the Agreement

Development Responsibility

ELTRIA LANDS LLP will be responsible for project execution, including layout planning, design, and obtaining necessary approvals.

Marketing and Sales

The developer will handle all marketing and sales activities for the residential plots.

Project Components

The development will include residential plots, internal roads, recreational areas, and other common amenities.

Sustainability and Infrastructure

The project aims to incorporate sustainability initiatives and modern infrastructure systems.

Implications for La Tim Metal & Industries

This agreement represents a strategic move for La Tim Metal & Industries, potentially diversifying its revenue sources beyond its core metal industry operations. The expected revenue of ₹70.00 crores from the first phase alone suggests a significant financial opportunity for the company.

However, investors should note that real estate development comes with its own set of risks and challenges, including market fluctuations, regulatory hurdles, and project execution risks. The success of this venture will depend on various factors, including market demand for residential plots in the Raigad district and the timely completion of the project.

As this is a new direction for La Tim Metal & Industries, shareholders and potential investors may want to closely monitor the progress of this project and its impact on the company's overall financial performance in the coming years.