La Tim Metal Reports Strong Q2 Growth

Revenue grew to Rs 150.41 crore, while Net Profit increased to Rs 3.91 crore for Q2 FY27.

Reader Takeaway: Revenue and profit both surged year-on-year, though investors should track the scaling of the new real estate vertical.

What just happened

La Tim Metal & Industries has released its financial results for the quarter ended September 30, 2026. The company recorded a consolidated total income of Rs 150.58 crore, reflecting a substantial improvement over the Rs 89.70 crore reported in the same quarter last year. Net profit after tax reached Rs 3.91 crore, more than double the Rs 1.45 crore achieved in Q2 FY26.

Why this matters

The growth confirms a robust demand environment for the company's core steel and steel products division, which accounted for Rs 149.70 crore of the quarterly revenue. Furthermore, the company has officially commenced revenue recognition in its real estate development segment, signaling a shift toward business diversification.

Corporate Action Details

During the quarter, the company completed a rights issue, allotting 4,41,57,150 equity shares at an issue price of Rs 8.5 per share. The issue was structured as partly paid-up, with payments split between the application phase and a final call.

Context Metrics

For the first half of the current fiscal year (H1 FY27), the company reported a total profit of Rs 7.13 crore, compared to Rs 3.47 crore in H1 FY26. Total revenue for the same six-month period stood at Rs 288.05 crore, up from Rs 179.28 crore in the previous year.

What to track next

Investors should monitor the consistency of the real estate division's contribution to total revenue. Additionally, market participants may look for updates on the utilization of funds raised through the recent rights issue and whether the steel segment maintains its current growth trajectory against evolving input costs.