Announced Wed, 1 Jul · 15:23 IST
Q1FY27: Record iron ore output at 6.05 MT, up 53% YoY
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LLOYDSME · price
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Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹1811.90
prior close
₹1817.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2———-0.2-1.9-3.4-2.9-4.0-0.7+3.0———
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AI summary
Lloyds Metals posted its best-ever Q1 operational performance. Iron ore production hit 6.05 million tonnes, up 53% YoY, with a FY27 target of 26 MT. DRI output surged 131% YoY to 182,460 tonnes as two new kilns reached full capacity. Pellet production reached 1.69 million tonnes after the new 4 MT plant was commissioned, doubling capacity to 8 MT. Copper output stood at 2,754 tonnes from Surya mines, making it India's first mine-to-market copper producer.
Likely market impact
Strong production growth across iron ore, DRI, pellets, and copper signals robust operational momentum. Copper foray opens a new revenue stream.