Lloyds Engineering Works Limited has announced its financial results for the third quarter of fiscal year 2026, demonstrating strong operational performance with significant growth in profitability, revenue, and operational efficiency. The results were approved by the board of directors during their scheduled meeting on February 04, 2026.

Q3FY26 Financial Performance

The company delivered robust financial results for the quarter ended December 31, 2025, showing substantial improvement across key metrics including enhanced EBITDA performance and margin expansion.

Operational Efficiency and Margin Improvement

The company's EBITDA performance showcased significant operational improvements, with EBITDA rising to 530M rupees compared to 435M rupees in the corresponding quarter of the previous year. More notably, the EBITDA margin expanded to 19.41% from 16.34%, indicating enhanced operational efficiency and better cost management.

Board Meeting and Regulatory Compliance

The financial results were considered and approved during the board meeting held on February 04, 2026, as previously scheduled. The company had formally notified both BSE Limited and the National Stock Exchange of India Limited about this board meeting under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Status

Following the declaration of financial results, the trading window restrictions that were in place for designated persons and their immediate relatives have been lifted. The trading window was closed until 48 hours after the declaration of financial results, as communicated through the company's intimation dated December 26, 2025.

The strong financial performance reflects the company's operational efficiency and growth trajectory, with revenue, profitability, and EBITDA margins all showing positive momentum compared to the corresponding quarter of the previous fiscal year.

Lloyds Engineering Works Limited has announced the termination of its Monitoring Agency Agreement with India Ratings and Research Private Limited, which was originally established to oversee the utilisation of proceeds from the company's Rights Issue. The termination notice was received on February 3, 2026, marking the end of an agreement that had been in place since November 13, 2024.

Agreement Termination Details

The monitoring agency agreement was terminated due to disagreement on commercial terms between Lloyds Engineering Works Limited and India Ratings and Research Private Limited. The original agreement was executed on November 13, 2024, specifically for monitoring the proceeds raised through the Rights Issue of shares.

Regulatory Compliance and Impact

The company has emphasised that the termination of the monitoring agency agreement does not have any material adverse impact on its operations or financial position. Lloyds Engineering Works Limited has committed to maintaining full compliance with applicable SEBI regulations relating to monitoring and reporting of utilisation of issue proceeds.

Key compliance measures include:

• Continued filings with stock exchanges
• Appointment of a new monitoring agency within statutory timelines
• Adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Corporate Disclosure Requirements

The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive details as required under the regulatory framework, including the nature of the agreement, execution date, and reasons for termination.

Next Steps

Lloyds Engineering Works Limited will proceed with appointing a new monitoring agency to ensure continued oversight of the Rights Issue proceeds utilisation. The company has assured stakeholders that it will maintain transparency and regulatory compliance throughout this transition period, with all necessary filings and disclosures being made to the relevant stock exchanges and regulatory authorities.