Lloyds Metals announces strong Q2 results, invests in skill development and land

Lloyds Metals and Energy Limited (LMEL) announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. The company reported a standalone profit after tax of INR 605.58 Crores for the quarter and INR 1,240.16 Crores for the half-year. Consolidated profit after tax reached INR 567.39 Crores for the quarter and INR 1,208.98 Crores for the half-year, indicating a strong financial period.

The Board also approved the acquisition of a 20% equity stake in LT Gondwana Skill Hub Private Limited for INR 25,000, aiming to promote skill development and employment generation within the tribal community of Gadchiroli, while securing a skilled workforce for LMEL. Additionally, LMEL plans to acquire approximately 290 acres of land in Gadchiroli District, Maharashtra, for future expansion and business purposes, with a sale consideration of up to INR 60 Crores.

Furthermore, the company amended its Policy of Materiality of Events, authorizing the managing director, chief financial officer, and company secretary & compliance officer to determine and disclose material events to the stock exchanges. These initiatives underscore LMEL’s strategic focus on growth, community engagement, and transparent governance.