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LMW reported a 38% drop in turnover to ₹2809 Cr and consolidated turnover down 37% to ₹2909 Cr. PBT fell sharply to ₹155 Cr from ₹480 Cr, with the TMD division posting a ₹16 Cr loss versus ₹314 Cr profit earlier. TMD order book stands at ₹2900 Cr (75% active), exports ₹260 Cr. Textile machinery demand remains weak in key export markets; growth expected from Africa. Domestic spinning mills run at ~90% utilization focused on modernization. MTD revenue steady at ₹1003 Cr, profits declined to ₹59 Cr, margins near 9% with expected improvement. ATC division grew revenue to ₹169 Cr and profits to ₹17 Cr, driven by exports. CNC machine capacity utilization at 70%, market share ~6-7% in vertical machining centers. Management optimistic on EMS and import substitution trends, supported by ₹1300-1400 Cr cash and a 300% dividend.