News ArticleLloyds Metals and Energy Records 94% H1 FY27 Revenue Growth to INR 9,545 Crore Amid Pellet Plant Expansion
EBITDA jumps 126% year-on-year as company advances integrated mining and steelmaking operations; Q2 PAT rises 84%
Lloyds Metals and Energy Limited announced a record first half of fiscal year 2027 with revenue of INR 9,545 crore, up 94% year-on-year, supported by increased iron ore limits and pellet plant ramp-up. EBITDA rose 126% to INR 3,658 crore, and PAT increased 84% to INR 1,112 crore in Q2, signaling strong operational performance and strategic progress in mining and steel production.
Lloyds Metals and Energy Limited
Earnings Call Transcript
Lloyds Metals and Energy Limited reported its best-ever first half performance for fiscal year 2027, achieving revenue of INR 9,545 crore, a 94% increase compared to the previous year. The surge was driven by higher iron ore extraction limits and accelerated ramp-up of its pellet plants, alongside improved sponge iron output.
In the second quarter ended FY27, Lloyds achieved revenue of INR 4,132 crore, marking a 62% year-on-year increase. EBITDA for Q2 stood at INR 1,538 crore, up 83% year-on-year, while the half-yearly EBITDA reached INR 3,658 crore, a 126% rise over the previous year.
Profit after tax for Q2 FY27 increased by 84% year-on-year to INR 1,112 crore. The company’s progress includes operational enhancements such as increased beneficiation of low-grade ore and expansion of pellet production capacity beyond rated limits.
Management emphasized the company’s growth strategy focused on integrating mining resources, logistics innovations like slurry pipelines to reduce freight and carbon cost, and expansion into steel and critical minerals such as copper and cobalt. These long-term initiatives are expected to support continued value creation.
Highlights
- H1 FY27 revenue grew to INR 9,545 crore, a 94% year-on-year increase.
- Q2 FY27 EBITDA reached INR 1,538 crore, an 83% increase year-on-year.
- H1 FY27 EBITDA rose 126% to INR 3,658 crore.
- Q2 FY27 PAT improved by 84% to INR 1,112 crore year-on-year.
- Pellet plants running above rated capacity with plans for debottlenecking and expansion.
- Slurry pipeline logistics reduce iron ore transportation costs and carbon footprint.
Key Data Snapshot
Financial performance
- Revenue from operations for Q2 FY27 was INR 4,132 crore, up 62% year-on-year.
- Half-year revenue increased 94% year-on-year to INR 9,545 crore.
- Q2 EBITDA was INR 1,538 crore, representing an 83% year-on-year increase.
- H1 EBITDA rose 126% year-on-year to INR 3,658 crore.
- Profit after tax in Q2 FY27 increased 84% year-on-year to INR 1,112 crore.
Operational performance
- Pellet plants with combined 8 million ton capacity are operating beyond rated capacity.
- Beneficiation initiative converts low-grade banded hematite quartzite into competitive feedstock.
- Slurry pipelines in operation reduce freight costs and minimize iron ore transport by truck.
- Construction of 1.2-million-ton steel plant for wire rod production is progressing towards commissioning.
- Copper and critical minerals operations in the Democratic Republic of Congo and Panguna asset development underway.
Strategic context
- Company focuses on building a fully integrated ecosystem from ore extraction to finished steel and critical minerals production.
- Integration efforts include captive ore, logistics pipelines, value-added products, and captive power.
- Growth strategy includes diversification into copper and cobalt production to support energy transition needs.
- Thriveni Earthmovers supports mining operation diversification into iron ore, coal, manganese, and gold across India.
- Long-term approach emphasizes community partnerships and sustainable development.
Highlights
- H1 FY27 revenue grew to INR 9,545 crore, a 94% year-on-year increase.
- Q2 FY27 EBITDA reached INR 1,538 crore, an 83% increase year-on-year.
- H1 FY27 EBITDA rose 126% to INR 3,658 crore.
- Q2 FY27 PAT improved by 84% to INR 1,112 crore year-on-year.
- Pellet plants running above rated capacity with plans for debottlenecking and expansion.
- Slurry pipeline logistics reduce iron ore transportation costs and carbon footprint.
Disclosures
- SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
Source Information
More News on Earnings Call Transcript
View allLatest corporate announcements and market updates in Earnings Call Transcript.
Ravindra Energy Limited Posts INR 190 Crores Revenue in Q2 FY27 with 261 MW Renewable Capacity and Strong Heavy EV Sales
Ravindra Energy Limited reported its financial and operational performance for Q2 and H1 of FY27, reaching a renewable energy operating capacity of 261.21 MW and generating 6.6 million units in Q2. The company's consolidated revenue totaled INR 190 crores in the quarter, driven by electricity generation, trading, and EPC businesses. Its heavy electric vehicle segment showed strong momentum with 142 vehicles sold in Q2 and plans to expand its charging stations network to 15 by December 2026.
Read Full Story
Greenlam Industries Publishes Q2 FY2026-27 Earnings Call Audio Recording for Investor Access
Greenlam Industries Limited has uploaded the audio recording of its Q2 FY2026-27 earnings conference call held on November 6, 2026, allowing investors and analysts to review the discussion on the company’s operational and financial results for the quarter.
Read Full Story
Sahajanand Medical Technologies Posts Highest-Ever Q2 FY27 Revenue of INR373 crores, EBITDA Grows 36.6%
Sahajanand Medical Technologies Limited recorded its strongest quarter to date in Q2 FY27, achieving revenue growth of 24.7% to INR373 crores, with EBITDA and profit after tax increasing 36.6% and 26.6% respectively. The company reported broad-based growth across vascular intervention, structural heart, and other product categories, alongside geographic expansions, particularly in Rest of World and India markets.
Read Full Story
