Lloyds Metals and Energy Ltd reports 5.9 MT iron ore production in H1 FY25

Lloyds Metals and Energy Limited has reported its highest-ever half-yearly iron ore production, achieving an impressive 5.9 million tonnes, marking a 4% year-on-year ("YoY") increase. Additionally, the Company's Direct Reduced Iron ("DRI") production reached 1,61,672 tonnes, reflecting a notable 41% YoY growth. The Company's 70k tonne DRI facility at Konsari commissioned in FY24 has aided the Company in registering robust growth in DRI volumes. This new DRI plant has been operating at its full capacity.

Shares of LLOYDS METALS AND ENERGY LTD. was last trading in BSE at Rs. 979.80 as compared to the previous close of Rs. 948.65. The total number of shares traded during the day was 117365 in over 4983 trades.

The stock hit an intraday high of Rs. 984.80 and intraday low of 940.20. The net turnover during the day was Rs. 112503096.00.

Source : Equity Bulls

Keywords

LLOYDSMETALSANDENERGY INE281B01032 HighestEver HalfYearly IronOreProduction