Lloyds Metals and Energy Limited reported stellar financial results for the quarter and year ended March 31, 2026. Standalone annual revenue surged to ₹13,837.80 crore, with a net profit of ₹3,194.30 crore. The company announced a 100% final dividend of ₹1 per share. Additionally, the Board approved a ₹700 crore private placement of debentures and an international acquisition in Papua New Guinea to enhance its long-term mining capabilities.
Financial Performance Highlights
For the financial year ended March 31, 2026, the company achieved a robust standalone net profit of ₹3,194.30 crore, compared to ₹1,450.94 crore in the previous year. Total revenue for the year reached ₹13,837.80 crore, more than doubling from the ₹6,775.21 crore reported in the prior fiscal year. The quarter ending March 31, 2026, specifically, saw a net profit of ₹1,065.59 crore, underscoring strong performance in the mining and steel divisions.
Strategic Acquisitions and Capital Expansion
The Board of Directors has approved significant strategic growth initiatives. This includes the acquisition of an equity stake in an entity in Papua New Guinea by the wholly-owned subsidiary, Lloyds Global Resources FZCO. This move is designed to support long-term cooperation and mining agreements at the Panguna Mine. Furthermore, the company has secured an enabling approval for the issuance of non-convertible debentures up to ₹2,500 crore in one or more tranches, alongside an immediate approved issuance of ₹700 crore on a private placement basis.
Dividend and Governance Updates
Reflecting the company’s strong financial health and commitment to shareholder returns, the Board has recommended a 100% final dividend, amounting to ₹1 per share on equity shares of face value ₹1, subject to approval at the upcoming Annual General Meeting. Additionally, the company has bolstered its leadership governance with the re-appointment of Independent Directors Mr. Ramesh Luharuka and Ms. Seema Saini for second terms, ensuring continuity in corporate oversight and strategic decision-making.
Source: BSE
