Lloyds Metals and Energy Limited has reported strong financial results for the quarter and financial year ended March 31, 2026. The company achieved standalone revenue of ₹13,837.80 crore and net profit of ₹3,194.30 crore for the year. Key board decisions include a 100% final dividend for the financial year 2025-26, new plans to raise up to ₹3,200 crore via debentures, and an international expansion into Papua New Guinea for mining operations.
Fiscal Performance Highlights
For the financial year ended March 31, 2026, the company delivered robust financial growth. The standalone total income surged to ₹13,837.80 crore compared to ₹6,775.21 crore in the previous year. Net profit after tax rose significantly to ₹3,194.30 crore, up from ₹1,450.94 crore reported in the previous fiscal year. Consolidated results also showed strong momentum, with an annual revenue of ₹17,306.40 crore and a consolidated net profit of ₹3,828.64 crore.
Strategic Capital Allocation
The Board has approved a final dividend of 100%, which amounts to ₹1 per equity share, subject to approval at the upcoming Annual General Meeting. Furthermore, the company is prioritizing capital expansion through debt instruments. The Board granted approval to issue Non-Convertible Debentures (NCDs) in two tranches: one for ₹700 crore on a private placement basis, and an enabling approval to raise up to ₹2,500 crore in one or more tranches.
Global Expansion into Papua New Guinea
Lloyds Metals is extending its international footprint by acquiring an equity stake in an entity located in Papua New Guinea through its wholly-owned subsidiary, Lloyds Global Resources FZCO. The subsidiary, Lloyds Panguna Metals and Energy Limited (LPMEL), will act as a dedicated vehicle to engage with Bougainville Copper Limited. This partnership aims to pursue a long-term cooperation and mining agreement for the Panguna Mine, marking a major milestone in the company’s international mining strategy.
Governance and Operations
The company also confirmed the re-appointment of Independent Directors Mr. Ramesh Luharuka and Ms. Seema Saini for their second five-year terms, ensuring continued leadership stability. Additionally, the company is moving towards a modernized corporate structure with the alteration of its Articles of Association, including the deletion of the clause pertaining to the Common Seal.
Source: BSE
