Thread pitch affects stress area, which affects torque. Compare coarse and fine thread torque specifications for every metric bolt size.
Every ISO metric size has a standard coarse pitch (ISO 261) and one or more fine pitches (ISO 262). Fine threads have a larger tensile stress area because less material is cut away, so the same property class can carry more clamp load and the torque specification rises with it — by about 5% at M10, and by more at small sizes such as M3, where the fine pitch removes proportionally less material.
Fine threads also have a smaller helix angle, which gives finer adjustment and slightly better resistance to loosening under vibration. The trade-offs are that they strip more easily in soft materials, are harder to start without cross-threading and are less tolerant of damaged or dirty threads. Coarse thread remains the default for general engineering; fine threads are common in automotive driveline and hydraulic fittings and wherever a thin-walled part limits thread depth.
Never apply a coarse-thread torque to a fine-thread bolt or the other way round. Check the pitch with a gauge — M10×1.5 and M10×1.25 look almost identical — and use the table for that pitch.