Lloyds Metals Approves Stake in LT Gondwana, Land Purchase, and Financial Results

Lloyds Metals and Energy Limited has approved subscribing to a 20% equity stake in LT Gondwana Skill Hub Private Limited for ₹25,000. The board has also approved the purchase of approximately 290 acres of land in Gadchiroli District, Maharashtra, for future expansion. Further, the company’s unaudited financial results for Q2 2025-26 were approved, showcasing a profit before tax of ₹788.30 Cr.

Key Approvals Announced

Lloyds Metals and Energy Limited has made significant decisions concerning strategic investments and operational expansion, which were approved at the Board Meeting held on November 12, 2025.

Equity Stake in LT Gondwana

The company is set to subscribe to 2,500 equity shares in LT Gondwana Skill Hub Private Limited, representing a 20% stake. The total consideration for this subscription is ₹25,000. This strategic move aims to leverage skilled manpower and enhance regional growth.

Land Acquisition for Expansion

In a move to support future growth, the Board has granted approval for the purchase of approximately 290 acres of land situated in the Gadchiroli District of Maharashtra. This acquisition is earmarked for expansion and associated business developments.

Financial Performance Highlights (Q2 2025-26)

The Board has approved the unaudited financial results for the quarter ended September 30, 2025. Key highlights include:

  • Total Income: ₹2,575.37 Cr
  • Profit Before Tax: ₹788.30 Cr
  • Profit After Tax: ₹605.58 Cr

These results reflect the company’s financial standing during Q2 2025-26 and its adherence to financial regulations.

Amendment in Materiality Policy

Company has amended Policy of Materiality of Event and authorized official to determine materiality of event.

Source: BSE

InvestyWise News
InvestyWise News
Covers market-moving news with speed and precision, delivering sharp insights to help readers stay ahead in the fast-paced world of stocks.

Latest articles

Related articles

Leave a reply

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!