Lloyds Metals and Energy Limited has announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board of Directors recommended a final dividend of 100% (Re. 1/- per share) and approved the issuance of Non-Convertible Debentures (NCDs) up to ₹2,500 Crore. The company also approved acquiring an equity stake in a Papua New Guinea entity to pursue mining agreements for the Panguna Mine.

The company’s financial performance showed significant growth across both yearly and quarterly horizons. On a standalone basis, revenue from operations for the quarter ended March 31, 2026, reached ₹4,900.71 Crores, representing a 28.94% increase from the previous quarter’s ₹3,800.79 Crores and a substantial 314.38% surge compared to ₹1,182.66 Crores in the corresponding quarter last year. Profit after tax followed a similar upward trajectory, standing at ₹1,065.59 Crores for the current quarter, which is a 19.92% rise over the previous quarter’s ₹888.55 Crores and a 426.29% jump from ₹202.47 Crores in the year-ago period.

Lloyds Metals and Energy Limited is a leading Indian company primarily engaged in iron ore mining and the manufacturing of sponge iron and steel products. It operates through two major segments: “Mining of Iron Ore” and “Steel and related value-added products”. The company’s mining operations, particularly at the Surjagarh mines in Maharashtra, have been a significant driver of its recent financial success. In late 2025 and early 2026, the company expanded its footprint by acquiring a 49.99% stake in Thriveni Pellets Private Limited and establishing a wholly-owned subsidiary, Lloyds Global Resources FZCO, in Dubai to strengthen its international presence. Additionally, the company has been active in the capital markets, completing multiple warrant conversions to equity and successfully raising ₹600 Crore through listed NCDs in January 2026.