Lloyds Metals & Energy Shares Surge 4.71% After Record FY25 Production

Lloyds Metals and Energy share price saw its shares jump 4.71% to trade at ₹1,337.05 at 12:11 PM (IST) on Tuesday, April 02, 2025, following the announcement of record-breaking production numbers for FY25. The company’s strong operational performance and environmental clearance for new projects contributed to the surge in investor confidence.

Highest-Ever Sponge Iron Production

Lloyds Metals reported its highest-ever annual sponge iron production, achieving 3,08,243 tonnes in FY25. This marks an impressive 18% year-on-year (YoY) increase. Of its total seven kilns, six recorded their highest-ever production levels and have been operating at full-rated capacity, further solidifying the company’s industry leadership.

Iron Ore Production at Peak Levels

The company’s iron ore production stood at 10 million tonnes in FY25, reflecting peak output within its existing environmental clearance (EC) limits. This milestone underscores Lloyds Metals’ operational efficiency and ability to maximise resource utilisation.

Environmental Clearance for Expansion Projects

On March 20, 2025, Lloyds Metals received environmental clearance from the Ministry of Environment, Forest, and Climate Change, Government of India (IA Division). The clearance allows the company to proceed with two major expansion projects at its Ghugus facility in Chandrapur, Maharashtra:

1.2 MTPA Wire Rod Project

4.0 MTPA Pellet Plant Project

These approvals pave the way for future growth and enhanced production capabilities, reinforcing the company’s strategic expansion plans.

Stock Performance

Lloyds Metals’ stock has delivered a 7% return in 2025 so far, showcasing steady growth. Additionally, the stock has recovered nearly 40% from its March 3 low of ₹944 per share on the NSE. In comparison, the NIFTY Metal Index delivered a 10% return in the same period, indicating that Lloyds Metals has outperformed some of its industry peers in recent weeks.

Conclusion

Lloyds Metals and Energy shares surged 4.71% after reporting record FY25 production. Sponge iron output hit 3,08,243 tonnes (up 18% YoY), while iron ore production peaked at 10 million tonnes.

The company also secured environmental clearance for a 1.2 MTPA Wire Rod Project and 4.0 MTPA Pellet Plant in Maharashtra.

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