NSEUpdates1 Jul 2026 · 1 Jul 2026, 03:23 pm
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Lloyds Metals And Energy Limited · LLOYDSME
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Lloyds Metals and Energy Limited has announced its operational update for Q1FY27, reporting its best ever Q1 operational performance with a 53% YoY increase in iron ore production, a 131% YoY increase in DRI production, and a significant ramp-up in pellet production.
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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
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Liquidity Impact9/10
Market Sentiment9/10
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Full Announcement
Intimation for Operational Update for Q1FY27
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LLOYDSME_01072026152247_20260701_Intimation_Operational_Update_3MFY27.pdf
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01st July, 2026
BSE Limited National Stock Exchange of India Limited
Corporate Services Department Corporate Communications Department
Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Mumbai – 400001 Bandra (East), Mumbai - 400051
BSE Scrip Code: 512455 NSE Symbol: LLOYDSME
Sub: Intimation for Operational Update for Q1FY27
Dear Sir/Madam,
We are pleased to release herewith the Operational Update of the Company for Q1FY27.
The same is also available on the website of the Company at www.lloyds.in.
The same may please be taken on record and suitably disseminated to all concerned.
Thanking you,
Yours Sincerely,
For Lloyds Metals and Energy Limited
Akshay Vora
Company Secretary
Encl.: as above
LLOYDS METALS & ENERGY LIMITED
R/O: Plot No: A 1-2, MIDC Area, Ghugus, District Chandrapur – 442505, Maharashtra, India.
H/O: A-2, 2nd Floor, Madhu Estate, Pandurang Budhkar Marg, Lower Parel (West), Mumbai – 400013, Maharashtra, India
W: www.lloyds.in
Mumbai, 1st July 2026
Operational Update –Q1FY27 (Provisional)
Lloyds Metals and Energy Ltd records best ever Q1 Operational Performance
HIGHEST EVER Q1 PRODUCTION OF IRON ORE AT 6.05 MNT, HIGHER 53% YOY.
DRI PRODUCTION AT 182K TONNES, HIGHER 131%YOY
PELLET PRODUCTION AT 1.7 MN TONNES.
COPPER PRODUCTION AT 2,754 TONNES
LOYDS METALS AND ENERGY LIMITED (“THE COMPANY”) IS PLEASED TO ANNOUNCE
ITS OPERATIONAL PERFORMANCE FOR THE Q1FY27, DEMONSTRATING CONSISTENT
PRODUCTION ACROSS ALL KEY SEGMENTS.
Iron ore
Continuing the strong momentum of FY26, Iron ore output for Q1FY27 was 6.05 million tonnes, up 53%
YoY. Anchored to produce 26 MT iron ore in FY27.
The mined ore excludes the BHQ of 5.9 million tonnes, which the company will be processing once the
beneficiation plants are commissioned.
Direct Reduced Iron (DRI)
Production during Q1FY27 was 182k tonnes, compared with 79k tonnes
in Q1FY26, registering a growth of 131%.
The two new kilns are fully commissioned and running to capacity.
Pellet
The company recently commenced its 4mnt pellet plant , ramping up its annual capcity to 8 mn tonnes.
Q1FY27 pellet production saw a production of 1.7 mnt. The entry into the market with both plants
running has been exceptionally well received in both international and local markets.
Plant 1 is now running to full capacity, having produced 4 mnt in full 12 months of operations.
Copper
The company got its first output of copper in Surya mines in March-26,
with that the Q1FY27 production stood at 2754 tonnes. This makes us
India's first company from mine to market capabilities in copper, the
copper produced also includes residual production of Chemaf plant
The break-up of production (Provisional) is as follows:
Production Q1FY27 FY26
Iron Ore (Mn Tonnes) 6.05 21.96
BHQ (mn tonnes) 5.89 9.25
DRI (tonnes) 1,82,460 4,83,592
Pellet (mn tonnes) 1.69 3.03
Copper (tonnes) 2,754
About Lloyds Metals & Energy Limited
Lloyds Metals and Energy Limited ("LMEL"), incorporated in 1977, is a leading integrated metal
and mining company and the largest merchant iron ore miner in Maharashtra, India. LMEL
operates one of the country's largest single-location iron ore mines at Surjagarh, Gadchiroli
district, with an expanded Environmental Clearance (EC) capacity of 55 million tonnes per
annum (MTPA), including beneficiation of Banded Hematite Quartzite (BHQ).
The Company has a Direct Reduced Iron (DRI) manufacturing capacity of 700,000 TPA spread
across two locations in Maharashtra. In addition, LMEL has successfully commissioned an 85 km
slurry pipeline from Hedri to Konsari and has scaled up its pellet-making capacity to 8 MTPA at
Konsari, significantly strengthening its logistics integration and downstream value addition.
Extending its footprint across the broader metals value chain, LMEL has also forayed into
copper through strategic investments in mining assets in the Democratic Republic of Congo
(DRC), marking the Company's entry into base metals and reinforcing its long-term resource
security and growth ambitions.
With strategic mine location advantages, LMEL caters to key steel and industrial markets across
India, reinforcing its position as a vital contributor to the country's steel value chain.
Guided by rich cultural values and over four decades of operational excellence, LMEL is
committed to redefining mining and ironmaking through a focus on sustainability, innovation,
and cost leadership. The Company continuously benchmarks its business vision, governance,
manufacturing processes, and community engagements against global best-in-class standards
to create long-term value for all stakeholders.
For more information, please contact:
Tel :- +91 9892183389
Email: lloyds_ir@lloyds.in
Safe Harbour: This document may contain forward-looking statements about the Company,
which are based on the beliefs, opinions, and expectations of the Company’s management as of
the date of this release, and the Company does not assume any obligation to update their
forward-looking statements if those beliefs, opinions, expectations, or other circumstances
should change, These statements are not the guarantees of future performance and involve
risks and uncertainties that are difficult to predict. Consequently, readers should not place any
undue reliance on such forward-looking statements.