Lloyds Engineering has released its financial results for the fourth quarter, showing a year-on-year decline in both net profit and revenue.
The company posted a net profit of ₹17 crore, a decrease of 19% compared to ₹21 crore in the same period last year.
Revenue also fell during the quarter, down 5.1% to ₹179 crore from ₹188 crore a year ago. Despite the decline in top and bottom lines, the company’s EBITDA remained flat at ₹26.80 crore, indicating stable operational performance.
Lloyds Engineering reported a slight improvement in its EBITDA margin, which rose to 15% from 14.3% in the corresponding quarter of the previous financial year.
Lloyds Engineering shares opened at ₹51.20, reaching a high of ₹53.90 and a low of ₹51.00 during the day. The stock remains well below its 52-week high of ₹82.59 but above its 52-week low of ₹44.51.
