LLOYDS ENGINEERING WORKS LIMITED — Important, 13-02-2025: Updates

Lloyds Engineering Works Limited has reported solid performance for both Q3FY25 and 9MFY25. Revenue for Q3FY25 reached ₹229.72 crores, reflecting a 14.04% year-on-year increase, driven by improved project execution and a stronger order pipeline. EBITDA for the same period surged by 32.48% to ₹48.86 crores, resulting in margin expansion to 21.27% from the previous year’s 18.31%. Net profit also rose 24.37% year-on-year to ₹33.68 crores.

For 9MFY25, revenue soared 32.30% to ₹577.28 crores, with EBITDA climbing 44.12% to ₹113.44 crores, translating to a margin improvement of 161 basis points year-on-year. The company’s profit after tax for this period reached ₹82.85 crores, exceeding the full FY24 PAT of ₹79.84 crores, demonstrating robust operational efficiency.

The order book grew significantly, standing at ₹1,278.13 crores by the end of December 2024, attributed to fresh orders and diverse clientele, including major names like Reliance Industries and Indian Oil Corporation. The strategic collaborations and acquisitions also position the company for continued growth, particularly in underpenetrated sectors like defence and electrical engineering. Positive outlook ahead as Lloyds continues to expand its market presence and operational capabilities.