Lloyd Steel Share Price Soars 17% on Strong Q1 Results

Lloyd Steels Industries Limited (LSIL) witnessed a remarkable surge of 17% in its share price on Monday following the announcement of robust first-quarter results. The company’s net profit for the quarter ended June 2023 recorded a staggering Rs 12.3 crore, indicating an astounding 120% increase compared to the corresponding period last year. Additionally, the company’s revenue for the quarter experienced a substantial growth of 50%, reaching Rs 100 crore.


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