Lloyds Metals and Energy Limited announced its board approved key strategic initiatives including slurry pipeline expansion, international acquisitions, and increased pellet plant capacity. They also approved the Unaudited Financial Results for the quarter and nine months ended December 31, 2025, and allotted equity shares upon conversion of warrants. These decisions aim to strengthen the company’s market position and support future growth.
Financial Performance
The board approved the unaudited standalone and consolidated financial results for Q3 2026. Key figures from the standalone results include:
- Total Income: ₹3,874.99 Cr
- Profit After Tax: ₹888.55 Cr
Strategic Initiatives Approved
The board has approved various growth-oriented initiatives:
- Slurry Pipeline Project: Expansion of slurry pipeline project, implemented in a phased manner with requisite financing.
- Subsidiary Incorporation: Establishment of a wholly-owned subsidiary in Maharashtra with capital outlay of ₹252 Cr for skill development.
- Designation of Key Personnel: Appointment of Mr. Ashit Patni as Senior Managerial Personnel.
International Expansion
Lloyds Metals is also expanding its global footprint with these approvals:
- Singapore Acquisition: Approved acquiring equity stake in Lloyds Asia Resources Pte. Ltd. in Singapore for up to USD 5 million.
- South Africa Acquisition: Approval to acquire equity stake in TP Phoenix (Pty) Ltd. and setting up ‘Lloyds Global Resources South Africa’. The total investment for South Africa is capped at USD 1 million.
Capacity Increase
The board approved increasing the capacity of Pellet Plant-1 and Pellet Plant-2 at Konsari from 4 MTPA each to 5 MTPA each.
Equity Allotment
Approved allotment of 8,05,500 equity shares upon conversion of convertible warrants to Non-Promoters, further to receipt of balance subscription of ₹481 per warrant. Post allotment, issued and subscribed paid-up capital of the company is ₹54,51,64,538.
Source: BSE
