Lloyds Metals and Energy reports 94% jump in Q1 net profit

Lloyds Metals & Energy Ltd. | Steel/Sponge Iron/Pig Iron | Metals & Mining | BSE: 512455 | NSE: LLOYDSME

30 Jul 2018 Evaluate

Lloyds Metals and Energy has reported results for first quarter ended June 30, 2018.

The company has reported 94.32% jump in its net profit at Rs 10.26 crore for the quarter under review as compared to Rs 5.28 crore for the same quarter in the previous year. Total income of the company increased by 25.42% at Rs 142.82 crore for Q1FY19 as compared Rs 113.87 crore for the corresponding quarter previous year.

Lloyds Metals and Energy is a coal based sponge iron producer. The company is engaged in the manufacturing of sponge Iron and steel, and generation/distribution of Power.

Peers

Company Name	CMP
Jindal Steel	1165.00
Lloyds Metals&Energy	1839.50
Jai Balaji Inds	65.02
Steel Exchange India	11.30
KIC Metaliks	30.69
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