Thursday, November 12, 2026

Lloyds Metals Q4 profit jumps 7x on strong operational performance

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Lloyds Metals and Energy Ltd reported a sharp rise in its March quarter earnings, with net profit coming in at ₹1,420 crore, compared to ₹202 crore in the same period last year, reflecting a strong year-on-year increase.Revenue for the quarter stood at ₹6,020 crore, significantly higher than ₹1,193 crore reported a year ago, indicating robust growth in the company’s top line performance.

Operating performance also saw a substantial improvement, with EBITDA rising to ₹2,545 crore from ₹261 crore in the year-ago period.
The company’s margin expanded to 42.3% in the fourth quarter, compared to 21.9% in the corresponding period last year, highlighting improved operational efficiency.
The company announced its audited financial results for the quarter and financial year ended 31 March 2026, which were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 05 May 2026, along with an auditor’s report carrying an unmodified opinion.The board has recommended a final dividend of 100%, equivalent to ₹1 per share of face value ₹1, subject to shareholder approval at the upcoming annual general meeting.

Additionally, the board approved the issuance of non-convertible debentures up to ₹700 crore on a private placement basis, within previously approved limits, and also granted an enabling approval to raise up to ₹2,500 crore through such instruments in one or more tranches.

The company also approved a proposal for its wholly owned subsidiary to acquire an equity stake in an entity in Papua New Guinea for pursuing mining opportunities, and cleared certain corporate actions including board re-appointments and alteration of articles of association.

Also read: Lloyds Metals sees a sharp rise in iron ore, copper and gold volumes next year

Shares of Lloyds Metals and Energy Ltd closed at ₹1,772.00 on the NSE, down 1.42%.

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