Lloyds Metals and Energy Limited announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a Profit After Tax of ₹1,526.89 crore for the standalone entity, a substantial increase from the previous periods. The Board also approved several strategic initiatives, including the appointment of a new Additional Director and investments in renewable energy projects.
Lloyds Metals Reports Strong Q1 FY27 Financials
Lloyds Metals and Energy Limited has released its unaudited financial results for the first quarter of the financial year 2026-27, ending on June 30, 2026. The company declared a Profit After Tax (PAT) of ₹1,526.89 crore for the standalone operations, demonstrating robust financial performance. The consolidated PAT stood at ₹1,733.89 crore for the same period.
Key Financial Highlights
- Standalone Profit After Tax: ₹1,526.89 crore (Quarter ended June 30, 2026)
- Consolidated Profit After Tax: ₹1,733.89 crore (Quarter ended June 30, 2026)
- Total Comprehensive Income (Standalone): ₹1,526.90 crore
- Total Comprehensive Income (Consolidated): ₹1,712.39 crore
Strategic Board Approvals
The Board of Directors, in its meeting held on August 10, 2026, also approved several key strategic decisions:
- Appointment of Additional Director: Mr. Avijit Ghosh was appointed as an Additional Director, designated as Non-Executive, Independent Director for a term of five years, subject to member approval.
- Renewable Energy Investments: The company approved a proposal to acquire a minimum 26% stake in renewable energy projects through a Group Captive Scheme, aiming to secure captive consumption of wind and solar power. This involves entering into Share Subscription and Shareholders Agreements and Wind/Solar Power Purchase Agreements with entities like Amplus Energy Solutions Pte. Ltd.
- Subsidiary Investments: Approvals were granted for the conversion of outstanding loans into equity shares of Lloyds Global Resources FZCO and for additional investments in the same wholly-owned subsidiary. Further investment in Thriveni Earthmovers and Infra Private Limited, a subsidiary, was also approved.
The financial results and the outcomes of the board meeting reflect the company’s steady financial growth and its proactive approach towards strategic expansion and sustainability initiatives.
Source: BSE
