Lloyds Metals and Engineering Shares Rise on Strong Q3 Results and Expansion Plans

Lloyds Metals and Energy Ltd shares surged following strong Q3 FY26 financial results, with consolidated net profit rising between 128% and 169% year-on-year to over Rs 888 crore, and revenue increasing by up to 202%. The company also announced plans for a new subsidiary focused on skilling and a second slurry pipeline project in Maharashtra. Lloyds Engineering Works reported a 71% profit increase on modest revenue growth, supported by gains in its electrical and engineering segments. Trading volumes for Lloyds Metals spiked significantly amid these developments.