Lloyds Metals 49th AGM: Revenue crosses 10000 crore, 100 percent dividend recommended

Board & Shareholder Meetings View source PDF

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AI summary

Lloyds Metals held its 49th AGM on June 19, 2026 via video conferencing with 94 members attending. FY26 revenue crossed INR 10,000 crore for the first time at INR 13,837.8 crore, up over 100 percent YoY. Total income was INR 17,306.4 crore, EBITDA INR 6,333.9 crore with 36.60 percent margin. Board recommended 100 percent dividend. Iron ore output hit 21.96 MT, pellets 3.03 MT. Company expanded into copper via Chemaf Group stake and Surya Mines. Voting results to follow separately.

Likely market impact

Strong FY26 results with revenue doubling and 100 percent dividend signal robust growth. Copper diversification and capacity expansion could drive future shareholder value.