Lloyds Metals and Energy Limited has announced a board meeting on 25th April 2025 to consider the financial results for the quarter and half-year.
**Standalone Financial Highlights (FY25 vs FY24):**
- Total income rose marginally to ₹6,772.72 Cr from ₹6,574.57 Cr.
- Profit before tax increased to ₹1,896.99 Cr from ₹1,726.71 Cr.
- Profit after tax stood at ₹1,450.26 Cr, up from ₹1,243.15 Cr.
- Earnings per share (annualised) were ₹28.01 (basic) and ₹26.12 (diluted), compared to ₹24.62 and ₹24.43 respectively.
- Segment-wise, Mining contributed ₹5,596.39 Cr revenue with ₹1,703.03 Cr segment profit; Sponge Iron reported ₹977.61 Cr revenue and ₹189.86 Cr profit. Power and Pellet trading segments showed lower contributions.
- Capital employed increased significantly to ₹7,295.15 Cr from ₹2,950.90 Cr, driven by growth in assets and investments.
**Consolidated Financial Highlights (FY25 vs FY24):**
- Total income was ₹6,772.62 Cr versus ₹6,574.59 Cr.
- Profit before tax rose to ₹1,896.11 Cr from ₹1,726.53 Cr.
- Profit after tax improved to ₹1,449.23 Cr from ₹1,245.68 Cr.
- Earnings per share (annualised) were ₹28.01 (basic) and ₹26.12 (diluted), up from ₹24.62 and ₹24.43.
- Segment results mirrored standalone performance with Mining and Sponge Iron as key profit drivers.
- Capital employed stood at ₹7,302.67 Cr, more than doubling from ₹2,950.83 Cr.
**Balance Sheet & Cash Flow:**
- Total assets nearly doubled to ₹9,407.25 Cr (standalone) and ₹9,416.90 Cr (consolidated) mainly due to increased capital work in progress and property, plant & equipment.
- Equity rose to ₹6,403.08 Cr (standalone) and ₹6,402.12 Cr (consolidated).
- Long-term borrowings increased to ₹745.96 Cr.
- Operating cash flow remained strong at around ₹1,205 Cr, while investing activities showed significant outflows (~₹3,976 Cr) due to capital expenditure.
- Financing activities reflected proceeds from borrowings and share issuance totaling ₹2,807.97 Cr, supporting expansion.
- Cash and cash equivalents improved to ₹39.29 Cr (standalone) and ₹39.95 Cr (consolidated).
**Other Notes:**
- The company’s statutory auditors issued unqualified opinions on both standalone and consolidated results.
- Employee Stock Options saw 220,532 options exercised during the quarter, with 4.3 million options outstanding.
- The company continues to focus on its core segments: Mining, Sponge Iron, Power, and Pellet trading.
Overall, Lloyds Metals and Energy demonstrated solid growth in profitability and capital base, supported by strong operational cash flows and ongoing investments in capacity expansion. The mining and sponge iron segments remain the primary earnings engines.