Lloyds Metals And Energy Limited — Investor Meet, 29-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Lloyds Metals and Energy reported robust Q2 FY25 results, achieving a 26% increase in revenue year-on-year due to higher iron ore and sponge iron volumes. The company has successfully laid an 85-kilometer slurry pipeline and is on track to complete its first pellet plant by March 2025. Capital expenditure for H1 FY25 reached INR 1,714 crores, with ongoing projects ahead of schedule. Iron ore prices have seen increases, positively impacting future profitability.