Lloyds Metals and Energy Ltd recorded a 110% year-on-year increase in iron ore volumes during Q3 FY26. The strong performance reflects higher production efficiency, robust demand from steelmakers, and expanded mining operations, positioning the company as a key growth driver in India’s iron and steel value chain.
Lloyds Metals and Energy Ltd has announced a sharp rise in iron ore volumes for the October–December quarter of FY26, reporting a 110% year-on-year growth. The company’s operational strength and rising demand from domestic steel producers have contributed to this significant expansion. The performance underscores Lloyds’ growing role in India’s mining and metals sector.
Key highlights from the announcement include
-
Iron ore volumes in Q3 FY26 rose 110% compared to the same quarter last year.
-
The growth was driven by expanded mining operations and improved production efficiency.
-
Strong demand from steelmakers supported higher offtake and revenue momentum.
-
The company continues to focus on sustainable mining practices and operational excellence.
-
Industry experts note that Lloyds’ performance reflects resilience in India’s iron and steel supply chain.
-
The surge in volumes is expected to positively impact profitability in upcoming quarters.
-
Analysts highlight that Lloyds’ expansion strategy positions it well for long-term growth.
Lloyds Metals and Energy’s Q3 FY26 performance highlights its ability to scale operations and meet rising demand in India’s industrial sector. With strong fundamentals and a clear growth trajectory, the company is well-placed to sustain momentum in the coming quarters.
Sources: Economic Times, Business Standard, Lloyds Metals Investor Updates