Lloyds Metals Q3 Results: Profit Up 18%, Revenue Falls 12%
Lloyds Metals and Energy reported a 12% drop in revenue to Rs 1,675 crore in Q3 FY25, with segment-wise declines in sponge iron, power, and pellet trading.
Lloyds Metals and Energy Q3 FY25 results show a 17.5% rise in net profit to Rs 389 crore, driven by higher mining revenue and improved margins. (Photo source: Lloyds Metals And Energy Website)
Lloyds Metals and Energy Ltd. reported a rise in profit in the third quarter of financial year 2025. The company's bottom line rose 17.5% on a yearly basis to Rs 389 crore, according to its stock exchange notification on Tuesday.
The iron-ore company's revenue from operations saw a 12.4% decline to Rs 1,675 crore in the quarter ended Dec. 31, 2024, as compared to Rs 1,912 crore in the corresponding quarter of the previous fiscal.
On the operating side, earnings before interest, taxes, depreciation and amortisation rose 19.37% to Rs 536 crore, while it stood at Rs 449 crore in the year ago period.
Lloyds Metals and Energy Q3 FY25 Highlights (Consolidated, YoY)
Revenue down 12.4% to Rs 1,675 crore versus Rs 1,912 crore.
Ebitda up 19.37% to Rs 536 crore versus Rs 449 crore.
Ebitda margin expanded by 851 basis points to 32% versus 23.48%.
Net profit up 17.52% to Rs 389 crore versus Rs 331 crore.
Segment-Wise Revenue
Revenue from mining up 4.24% at Rs 1,474 crore versus Rs 1,414 crore.
Revenue from sponge iron down 29% at Rs 181 crore versus Rs 255 crore
Revenue from power down 36% at Rs 25 crore versus Rs 39 crore.
Revenue from pellet trading down 80% at Rs 54 crore versus Rs 267 crore.
Shares of the company ended 4.66% lower at Rs 1,234.20 on the National Stock Exchange, as compared to a 0.56% advance in the benchmark Nifty 50.
