Lloyds Metals and Energy Ltd - Operational Update - H1FY26 (provisional)

Lloyds Metals and Energy Ltd ramps up iron ore production, along with other projects, further aiding the operational performance.

- Iron ore at 7.4 mn tonnes; higher 24% YoY and Q2FY26 higher 77% YoY.
- DRI production at 167.8k tonnes
- Pellet Production at 0.81mn tonnes, annualised capacity utilisation of 79%
- Slurry pipeline further aids operational performance

Lloyds Metals and Energy Limited ("the Company") is pleased to announce its operational performance for the H1FY26, demonstrating consistent production across all key segments.

Iron Ore: Following the receipt of environmental clearance (EC) for 55 MTPA, the Company has continued to scale up production. Iron ore output for H1 FY26 was 7.4 million tonnes, up 24% YoY. Q2 FY26 volumes stood at 3.4 million tonnes, representing a 77% YoY increase, aided by the commissioning of the slurry pipeline, which supported more efficient evacuation despite seasonal constraints. The mined ore excludes the BHQ of 1.2 million tonnes, which the company will be processing once the beneficiation plants are commissioned.

Direct Reduced Iron (DRI): Production during H1 FY26 was 167.8k tonnes, compared with 161.7k tonnes in H1 FY25, registering a growth of 4%. The Company also commissioned its new 360 KTPA DRI facility at Ghugus during Q2 FY26.

Pellet: The recently commissioned 4 MTPA pellet plant contributed to production of 0.81 million tonnes in H1 FY26, translating into an annualised capacity utilisation of 79%.

Shares of LLOYDS METALS AND ENERGY LTD. was last trading in BSE at Rs. 1226.50 as compared to the previous close of Rs. 1256.30. The total number of shares traded during the day was 49763 in over 5527 trades.

The stock hit an intraday high of Rs. 1284.85 and intraday low of 1201.50. The net turnover during the day was Rs. 61255253.00.

Source : Equity Bulls

Keywords

LLOYDSMETALSANDENERGY INE281B01032 OperationalUpdate H1FY26