Lloyds Metals and Energy Ltd approves Q2 FY27 results, with consolidated net profit up 85.7% YoY to ₹1,023.24 crore
- Q2 consolidated revenue rose 55.3% YoY to ₹5,672.53 crore; both revenue and net profit declined QoQ.
- Board approved a 360 MW thermal plant at Konsari and investment in renewable projects to procure 168 MW.
- Approved up to ₹625 crore further investment in subsidiary TEIL and fundraising of up to US$300 million through notes or other debt securities.
- Limited review report flagged ₹468.71 crore in step-subsidiary receivables, including an NTPC reimbursement claim; auditor’s conclusion was not modified.