Lloyd Metals has announced its financial results for the third quarter, showcasing a strong performance in profitability despite a dip in revenue.
The company posted a net profit of ₹389 crore, marking a 17.2% increase compared to ₹332 crore in the same period last year. This growth highlights Lloyd Metals’ ability to optimize operations and enhance profitability amidst challenging market conditions.
However, the company’s revenue declined by 12.4%, standing at ₹1,675 crore compared to ₹1,912 crore in the year-ago quarter. Despite this drop, Lloyd Metals managed to improve its operating performance significantly, with EBITDA rising 19.4% to ₹536.2 crore, up from ₹449.2 crore last year. This growth reflects efficient cost management and operational resilience.
The company’s EBITDA margin also witnessed a substantial improvement, expanding to 32% from 23.5% in the previous year. The impressive margin growth underscores the company’s focus on enhancing efficiency and driving higher returns for stakeholders.
Lloyd Metals shares opened today at ₹1,290.00, reaching a high of ₹1,307.85 and a low of ₹1,142.40 during the session. The stock is trading within its 52-week range of ₹525.90 to ₹1,478.00. As of 2:50 PM, the shares were trading 5.04% lower at Rs 1,231.00.
