Lloyds Metals and Energy Limited Reports Record Operational Performance in FY26
Mumbai, April 1, 2026 – Lloyds Metals and Energy Limited announced its operational performance for Fiscal Year 2026, highlighting record production across key segments.Iron ore output for FY26 reached 21.96 million tonnes, a 120% increase year-over-year. Q4 FY26 volumes totaled 9.1 million tonnes, representing a 529% YoY increase. The company plans to produce 26 MT of iron ore in FY27.
DRI production increased to 484,000 tonnes, up 57% YoY. The company commissioned a new 360,000-tonne-per-annum DRI facility in Q2 FY26. Pellet production totaled 3.03 million tonnes, achieving an annual capacity utilization of 100%.
The provisional production figures for FY26 are detailed below:
| Production | FY26 | FY25 |
|---|---|---|
| Iron Ore (Mn Tonnes) | 21.96 | 10 |
| BHQ (mn tonnes) | 9.2 | - |
| DRI (tonnes) | 483,592 | 308,243 |
| Pellet (mn tonnes | 3.03 | - |
Lloyds Metals and Energy Limited is a leading integrated metal and mining company and the largest merchant iron ore miner in Maharashtra, India. The company operates an iron ore mine in Gadchiroli district with an expanded Environmental Clearance capacity of 55 million tonnes per annum.
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