Lloyds Metals and Energy Limited reported stellar financial results for the quarter and year ended March 31, 2026, showcasing massive year-on-year growth. The Board of Directors has recommended a 100% final dividend of Re. 1 per share. Additionally, the company announced significant expansion plans, including the issuance of new non-convertible debentures and the acquisition of an equity stake in a mining project in Papua New Guinea.
Financial Performance Highlights
For the fiscal year ended March 31, 2026, the company achieved remarkable growth. Standalone revenue from operations surged to ₹13,530.51 crore, while the consolidated revenue reached ₹16,822.43 crore. The standalone profit after tax for the year stood at ₹3,194.30 crore, reflecting a robust increase compared to the previous year. Diluted earnings per share (EPS) for the year reached ₹58.03 on a standalone basis and ₹66.87 on a consolidated basis.
Strategic Expansion and Investment
The Board has approved the issuance of non-convertible debentures in one or more tranches, totaling up to ₹3,200 crore, to fund future growth. Furthermore, the company is expanding its global footprint by acquiring an equity stake in an entity in Papua New Guinea via its wholly-owned subsidiary, Lloyds Global Resources FZCO. This strategic investment is aimed at engaging with Bougainville Copper Limited to pursue long-term mining opportunities at the Panguna Mine.
Dividend and Governance
Reflecting the company’s strong financial position, the Board has recommended a final dividend of 100%, amounting to Re. 1 per equity share with a face value of ₹1 each, for the financial year 2025-26. This recommendation is subject to approval by the members at the upcoming Annual General Meeting. The company also announced the re-appointment of independent directors Mr. Ramesh Luharuka and Ms. Seema Saini for a second five-year term.
Source: BSE