Lloyds Metals posts strong half-year results, invests in skill hub, land

Lloyds Metals and Energy Limited reported a total income of INR 25,754 million for Q2FY26 and INR 49,838 million for H1FY26, with PAT reaching INR 6,056 million and INR 12,402 million respectively. The board approved the subscription of up to 20% equity stake in LT Gondwana Skill Hub Private Limited for INR 25,000, aiming to promote skill development and secure manpower. The company also announced the purchase of approximately 290 acres of land in Gadchiroli District, Maharashtra, for future expansion.

Further enhancing its employee incentives, LMEL granted 77,700 Employee Stock Options under the ESOP-2017 Plan and 713,261 options under the ESOP-2024 Plan, each with an exercise price of INR 4. Additionally, 96,580 equity shares were allotted to the Lloyds Employees Welfare Trust at INR 4 per share, including a premium of INR 3. The Monitoring Agency Report for Qualified Institutional Placement (QIP) and Preferential Issue confirmed no deviations in the utilization of proceeds for the quarter ended September 30, 2025.