Lloyds Metals and Energy reports many fold jump in Q2 net profit
19th Oct 2022

Lloyds Metals and Energy has reported results for second quarter ended September 30, 2022

The company has reported many fold jump in its net profit at Rs 142.71 crore for Q2FY23 as compared to Rs 0.31 crore for the corresponding quarter previous year. Total income of the company increased by 532.53% to Rs 686.36 crore for the quarter under review as compared to Rs 108.51 crore for the same quarter in the previous year. 

Lloyds Metals and Energy is into the business of manufacturing of sponge iron, power generation and mining activities.