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Lloyds Metals & Energy Ltd Q2FY24; 62% rise in Profits

Lloyds Metals & Energy is into the business of manufacturing of Sponge Iron, Power generation and mining activities.

Financial Results:

  • Lloyds Metals & Energy Ltd reported Revenues for Q2FY24 of ₹1,091.00 Crores up from ₹674.00 Crore year on year, a rise of 61.87%.
  • Total Expenses for Q2FY24 of ₹816.00 Crores up from ₹543.00 Crores year on year, a rise of 50.28%.
  • Consolidated Net Profit of ₹231.00 Crores up 61.54% from ₹143.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹4.58, up 42.68% from ₹3.21 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Metals
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