Business Responsibility and Sustainability Report for the Financial Year 2024-25
LLOYDSME · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Lloyds Metals has filed its BRSR for FY 2024-25 along with its Integrated Annual Report, as required under SEBI's Listing Regulations. The company mainly mines iron ore (80.21% of turnover) and manufactures sponge iron/DRI (14.43%), with smaller contributions from pellet trading and captive power generation. It reported a turnover of ₹6,772.72 crore and a net worth of ₹6,403.08 crore on a standalone basis, with reasonable assurance provided by Manubhai & Shah LLP. The company has ISO 14001, 45001, and 9001 certifications, doubled its use of renewable electricity, and operates waste heat recovery and sewage treatment systems. Key risks flagged include air pollution, occupational health and safety, human rights in mining areas, and resource management. Employee turnover rose to 12.9% (from 3.74%) due to rapid headcount growth, and related-party purchases spiked sharply to 36.56% of total purchases versus 6.31% in the prior year. No corruption complaints, regulatory fines, or stakeholder grievances were reported during the year.
This is a routine annual compliance filing with no new business actions, so expect minimal direct stock price impact. However, the sharp rise in related-party purchases and the higher employee turnover rate are points shareholders may want to monitor going forward.