LLOYDS ENGINEERING WORKS LIMITED — Important, 19-10-2024: Updates

Lloyds Engineering Works Limited reported strong financial performance for H1 FY25, with revenue growth of 47.97% YoY and EBITDA growth of 54.40% YoY. The company aims to expand its operations through the acquisition of Techno Industries and a MoU to acquire assets from Bhilai Engineering Corporation. Their order book stands at ₹1,365.86 crore, growing 51.04% YoY, reflecting a robust pipeline for future growth. The company maintains a net debt-free status, underscoring its financial strength.