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Informist, Monday, Aug. 10, 2026

 

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--Lloyds Metals Apr-Jun consol PAT INR 17.27 bln                            
--Analysts saw Lloyds Metals Apr-Jun consol PAT at INR 15.14 bln                            
--Lloyds Metals Apr-Jun consol revenue INR 73.54 bln                            
--Lloyds Metals Apr-Jun consol PAT INR 17.27 bln vs INR 6.52 bln year ago                            
--Analysts saw Lloyds Metals Apr-Jun consol revenue at INR 66.80 bln                            
--Lloyds Metals Apr-Jun consol revenue INR 73.54 bln vs INR 23.84 bln yr ago                            
--Lloyds Metals Q1 consol mining ops sales INR 35.03 bln vs INR 21.35 bln                            
--Lloyds Metals Q1 consol steel, other pdt sales INR 22.7 bln vs INR 3.2 bln                            
--Lloyds Metals to convert $200 mln loan of arm Lloyds Global into equity                            
--Lloyds Metals to invest INR 6.25 bln in arm Thriveni Earthmovers and Infra  

                         
By Khushi Singh                            

 

MUMBAI – Lloyds Metals and Energy Ltd. Monday reported a nearly threefold rise in consolidated net profit for the June quarter, aided by a more than threefold growth in revenue from operations. The company posted net profit and revenue from operations above the Street's estimates for the quarter.

 

The company's consolidated net profit for the June quarter rose to INR 17.27 billion from INR 6.52 billion a year ago, beating the analysts' estimate of INR 15.14 billion. Net profit rose nearly 22% sequentially. Consolidated revenue from operations rose to INR 73.54 billion from INR 23.84 billion a year ago, beating the Street's estimate of INR 66.80 billion. Revenue from operations rose over 22% sequentially.

 

The metal company's total expenses in the June quarter more than tripled on year to INR 51.10 billion. The company's employee benefits expenses rose to INR 3.99 billion for the quarter, up over six times on year. The company's other expenses rose nearly six times on year to INR 6.54 billion, while depreciation expenses rose over eight times on year to INR 2.62 billion. The company's cost of materials consumed rose over six times on year to INR 12.47 billion and finance costs rose 18 times on year to INR 2.76 billion. 

 

Monday, shares of Lloyds Metals ended at INR 2,052.80 on the National Stock Exchange, down 2.3% Friday. The company announced its June quarter earnings after market hours.  More

 

The steel segment was the largest contributor to Lloyds Metals' revenues, with sales up over seven times on year at INR 22.27 billion. Revenues from the mining operations rose 64% on year to INR 35.03 billion. In the June quarter, the company started new copper operations, which accounted for INR 4.44 billion of total revenue. The revenue of the mine developer and operator segment was INR 27.62 billion.

 

The company's board has approved investment in its subsidiary, Thriveni Earthmovers and Infra Pvt. Ltd., upto an aggregate value of INR 6.25 billion, by way of subscribing to the rights issue in one or more tranches.

 

The company has also approved a financial restructuring plan to absorb a $200 million outstanding loan given to its subsidiary, Lloyds Global, and convert it entirely into equity shares.  End

 

Edited by Saji George Titus

 

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