Outcome of Board Meeting held on 05th May, 2026
LLOYDSME · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lloyds Metals and Energy Ltd reported strong FY2026 results with standalone revenue of Rs 13,838 crore, more than doubling from Rs 6,775 crore in FY2025. Profit after tax stood at Rs 3,194 crore versus Rs 1,451 crore previously, with EPS of Rs 60.24 (up from Rs 28.01). The board approved a 100% final dividend of Re 1 per share, subject to AGM approval. Key approvals include NCD issuance up to Rs 2,500 crore on private placement (plus Rs 700 crore under existing limits), and acquisition of equity stake in Papua New Guinea entity LPMEL through subsidiary LGRF to pursue the Panguna Mine opportunity. Two independent directors were reappointed for 5-year terms. The auditor issued an unmodified opinion on the financial statements.
The company delivered exceptional year-on-year growth with revenues and profits more than doubling, indicating strong operational performance. The international mining expansion in Papua New Guinea represents a significant strategic move. Shareholders can expect dividend payout pending AGM approval, while the large NCD issuance provides capital for growth initiatives.