, the Coimbatore-based manufacturer of textile machinery, reported a 33 per cent increase in consolidated net profit to ₹64 crore when compared with ₹48 crore for the same quarter last year. Revenue was up 16 per cent to ₹933 crore (₹804 crore).
For the year ended March 31, 2026, the company reported a 27 per cent increase in consolidated net profit to ₹131 crore as against ₹103 crore in the previous year. Revenue was up 6 per cent to ₹3,207 crore (₹3,012 crore).
The exceptional Income for FY25 included a profit of Rs.131.61 Crores on sale of Investment in the shares of wholly-owned subsidiary companies such as LMW Textile Machinery (Suzhou) Co., Ltd, China and LMW Global FZE, UAE, the company said.
On a standalone basis, the company reported a 10 per cent increase in net profit to ₹54 crore (₹49 crore) on a 8 per cent increase in revenue to ₹854 crore (₹789 crore ).
For FY26, net profit declined by 35 per cent to ₹154 crore (₹238 crore). Revenue for FY26 was up 6 per cent to ₹3,082 crore (₹2,909 crore).
Meanwhile, the company has invested ₹18 crore in LMW Holding Limited, a wholly owned subsidiary company located in Dubai to expand operations for capex and working capital, says a stock exchange announcement. The subsidiary’s turnover during FY26 was ₹18 crores.
The company has appointed Narayanan Vellayan of Coromandel International Limited as an independent director.