Lloyds Metals and Energy Sustains Robust Ore & DRI Production, Commences Pellet Operations

Lloyds Metals and Energy Limited ("the Company") is pleased to announce its operational performance for the first quarter of FY26, demonstrating consistent production across all key segments.

- Direct Reduced Iron (DRI): Production stood at 79,033 tonnes, marking a growth of 3% over Q1 FY25 (76,704 tonnes).

- Iron Ore: Production remained stable at ~4.0 million tonnes, maintaining last year's robust levels,

The Company also successfully received Environmental Clearance (EC) for expanding its iron ore mining capacity to 26 million tonnes per annum. Additionally, the newly commissioned 4 million tonne pellet plant and 85 km slurry pipeline became operational in June 2025. These strategic projects are expected to ramp up progressively over the remainder of the fiscal year.

Shares of LLOYDS METALS AND ENERGY LTD. was last trading in BSE at Rs. 1590.65 as compared to the previous close of Rs. 1547.95. The total number of shares traded during the day was 40559 in over 2220 trades.

The stock hit an intraday high of Rs. 1601.65 and intraday low of 1550.80. The net turnover during the day was Rs. 64129729.00.

Source : Equity Bulls

Keywords

LLOYDSMETALSANDENERGY INE281B01032 OperationalUpdate Q1FY2026