Lloyds Enterprises reported its Q1 financial results, reflecting steady revenue growth and an extraordinary jump in net profit compared to the same quarter last year.
For Q1, Lloyds Enterprises posted revenue of Rs 330.90 crore, up from Rs 323.18 crore in the corresponding period last year. This marks a 2.38% YoY growth in revenue, indicating a modest but stable increase in business operations.
The company’s net profit saw a remarkable surge, climbing to Rs 248.67 crore from just Rs 16.94 crore in Q1 last year. This represents a staggering 1,368% YoY growth in net profit.
In the meantime, Lloyds Enterprises shares showed a mixed performance today, opening at ₹70.81 and touching an intraday low of ₹69.06 and a high of ₹73.80. Over the past year, the stock has traded between a 52-week low of ₹37.28 and a 52-week high of ₹96.40.
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