Lloyds Metals & Energy Limited announced its unaudited financial results for the quarter and nine months ended 31st December, 2025, showcasing strong operational performance and strategic expansion initiatives. The company's board meeting held on 3rd February, 2026, approved multiple significant business developments alongside the quarterly results.

Financial Performance Highlights

The company delivered robust financial results for Q3FY26, with consolidated revenue from operations reaching ₹4,909.38 crore compared to ₹1,670.82 crore in Q3FY24. On a standalone basis, revenue from operations stood at ₹3,800.79 crore for the quarter.

For the nine months ended 31st December, 2025, the company reported revenue from operations of ₹8,629.80 crore and net profit after tax of ₹2,128.67 crore, compared to ₹5,443.65 crore and ₹1,248.45 crore respectively in the corresponding period of the previous year.

Major Strategic Approvals

Warrant Conversion and Capital Structure

The board approved the allotment of 8,05,500 equity shares upon conversion of preferentially issued convertible warrants to non-promoters. The conversion was executed at an issue price of ₹740 per share, comprising face value of ₹1 and premium of ₹739 per share.

Slurry Pipeline Project

The company approved a significant infrastructure development - the Second Slurry Pipeline Project with an estimated investment of ₹8000 crore. The pipeline route will extend from Hedri-Konsari-Chandrapur-Jalna-Maharashtra Port, developed in two phases over approximately 2.5 years.

Capacity Expansion Initiatives

The board approved capacity increases for both Pellet Plant-1 and Pellet Plant-2 at Konsari from 4 MTPA each to 5 MTPA each through debottlenecking and process technological improvements.

International Expansion

Subsidiary Incorporation

The company approved incorporation of a wholly owned subsidiary in Maharashtra with an estimated capital outlay of ₹252 crore in tranches. The subsidiary will function as a mission-driven platform for structured skilling, leadership, entrepreneurship, and employment-linked programs.

Global Acquisitions

Two significant international acquisitions were approved:

Singapore Entity: Lloyds Global Resources FZCO will acquire up to 95% equity stake in Lloyds Asia Resources Pte. Ltd. for up to USD 5 million, serving as a regional investment platform for mining activities in Papua New Guinea and other Asian jurisdictions.

South African Operations: The company approved acquisition of 100% equity stake in TP Phoenix (Pty) Ltd and formation of Lloyds Global Resources South Africa, each for up to USD 1 million, positioning South Africa as the strategic hub for African operations.

Organizational Changes

The board designated Mr. Ashit Patni, Chief Marketing Officer, as Senior Managerial Personnel effective 3rd February, 2026. Mr. Patni brings over 16 years of experience in the Iron & Steel sector with expertise across marketing, supply chain management, and commercial operations.

Segment Performance

The company operates through two primary segments - Mining and Steel & related value-added products. Mining segment revenue reached ₹2,781.03 crore in Q3FY26, while Steel segment contributed ₹1,549.17 crore. The mining segment reported profit before finance costs and tax of ₹736.37 crore, with the steel segment contributing ₹519.42 crore.

The company's strategic initiatives demonstrate its commitment to expanding across the steel-making value chain while strengthening its presence in international markets through targeted acquisitions and infrastructure development.

Lloyds Metals & Energy has secured board approval for a significant strategic acquisition that will expand its regional presence in Southeast Asia. The company plans to acquire up to 95% stake in Singapore-based Lloyds Asia Resources in a transaction valued at up to USD 5 million.

Strategic Acquisition Details

The board has greenlit this acquisition as part of the company's broader strategy to establish a regional mining investment hub. The transaction involves acquiring a substantial majority stake in the Singapore entity, which will serve as a platform for enhanced regional operations.

Regional Expansion Strategy

This acquisition marks a significant step in the company's international expansion efforts, particularly in the Southeast Asian market. By establishing a presence in Singapore, the company aims to create a strategic hub that can facilitate mining investments and operations across the region.

The Singapore-based entity will serve as a key platform for the company's regional activities, leveraging Singapore's strategic location and business-friendly environment. This move aligns with the company's growth strategy and positions it to capitalize on mining opportunities in the broader Asian market.

Investment Hub Development

The creation of a regional mining investment hub through this acquisition is expected to enhance the company's operational capabilities in Southeast Asia. Singapore's position as a major financial and business center makes it an ideal location for such a strategic hub, providing access to regional markets and investment opportunities in the mining sector.