Lloyds Enterprises Limited announced the outcome of its Board Meeting held on February 9, 2026. The Board inter-alia approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2025, along with the Limited Review Reports. Furthermore, the Board granted approval for the issuance of Non-Convertible Debentures (NCDs) via private placement, aggregating up to ₹500 crores, subject to regulatory clearances.
Board Meeting Outcome on February 9, 2026
The Board of Directors of Lloyds Enterprises Limited convened on Monday, February 9, 2026, following an earlier intimation on February 4, 2026. The meeting, which commenced at 11:45 a.m. IST and concluded at 02:15 p.m. IST, resulted in the approval of key corporate actions, including financial results and capital mobilization plans.
Financial Results Disclosure
The primary decision involved the approval of the Unaudited Financial Results (Standalone and Consolidated) for the quarter and the nine months ended December 31, 2025. These results were duly reviewed by the Audit Committee prior to Board ratification. The Statutory Auditors have issued a Limited Review Report accompanying these financial statements.
Standalone Performance Highlights (Q3 FY2025-26 vs. Previous Periods)
The standalone results show significant shifts, particularly in the Profit/Loss section:
- Profit/(Loss) from Operations before Exceptional Items and Tax for the quarter ended December 31, 2025 was a loss of (₹3.22) Crore, compared to a profit of ₹28.51 Crore in the preceding quarter (Q2 FY2025-26).
- The Net Profit/(Loss) from ordinary activities after tax for the quarter stood at a loss of (₹4.68) Crore, a stark contrast to the profit of ₹30.05 Crore recorded in the previous quarter.
- For the Nine Months Ended December 31, 2025, the Net Profit from ordinary activities after tax was ₹246.64 Crore, up from ₹14.60 Crore in the corresponding nine months of the previous fiscal year (FY2024-25).
Approval for Debt Issuance
The Board also sanctioned the issuance of Non-Convertible Debentures (NCDs) to be placed privately. The aggregate amount approved for issuance in one or more tranches shall not exceed ₹500 Crores (Rupees Five Hundred Crore Only). This issuance is contingent upon obtaining all necessary regulatory and statutory approvals.
The details provided under Annexure-A specify that these NCDs are proposed to be listed on the BSE Limited and/or the National Stock Exchange of India Limited, if listing is deemed necessary later by the Board.
Consolidated Results Context
The accompanying auditor’s reports confirm that the review process for both standalone and consolidated results was completed, and no material misstatement was noted based on the review and reliance on other auditors’ reports for subsidiaries and associates. The Consolidated Total Comprehensive Income attributable to owners of the parent for the quarter ended December 31, 2025, was a profit of ₹105.23 Crore.
Corporate Activity Notes
The notes accompanying the results detail several significant events:
- The Board approved a Composite Scheme of Arrangement on December 22, 2025, involving mergers and demergers, filed with the exchanges the same day.
- A material subsidiary, Lloyds Engineering Works Limited, finalized the acquisition of an additional 12% equity stake in Techno Industries Private Limited, making TIPL a Wholly Owned Subsidiary effective December 26, 2025.
- The company successfully executed a Rights Issue First and Final Call on January 8, 2026, concerning partly paid-up equity shares.
- The company secured aggregate financial assistance of ₹361 crore from Tata Capital Limited, Bajaj Finance Limited, and Jio Credit Limited, utilized for share warrants of Lloyds Metals and Energy Limited.
- On February 9, 2026, the Company sold its stake in its subsidiary, Lloyds Engineering Works Limited, via a block deal.
Segment Reporting Summary
The company operates with four reportable segments: Real Estate, Steel, Engineering, and Electrical. For the nine months ended December 31, 2025:
- The Engineering segment contributed the highest Segment Result (Profit before Finance costs and Tax) at ₹151.08 Crore.
- The Steel segment reported a high profit before finance costs of ₹255.60 Crore for the same nine-month period, despite having significant unallocable liabilities.
Source: BSE
