Lloyds Steel Industries posts Q3 net sales of Rs 830.08 cr

Lloyds Steel Industries, a leading steel & engineering products manufacturer, announced its unaudited results for the quarter ended December 2010.

For the quarter ended December 31, 2010, the Company reported net sales of Rs 830.08 crore, as against net sales of Rs 728.82 crore for the corresponding period of FY 2009-10. For the same quarter, the company reported a Profit after Tax (PAT) of Rs 23.12 crore, as against the PAT of Rs 39.16 crore for the corresponding period of FY 2009-10.

About Lloyds Steel Industries Limited:
Lloyds Steel Industries Limited (BSE Scrip Code: 500 254) is part of the USD 850 Million LLOYDS that has over the years, expanded and diversified into core business areas of manufacturing Steel and related products. Lloyds Steel Industries is engaged into manufacturing a range of Hot Rolled, Cold Rolled and Galvanized Products. It has a state-of-the-art plant to manufacture steel products at Wardha, Maharashtra. Lloyds Steel is accredited with ISO 9001:2000 certification by SGS, U. K. Its workshop is approved by international consultants like Uhde, Tecnimont ICB, Aker Kvaerner, Jacobs H & G, EIL, Lurgi, PDIL, MECON, Dastur & Company, Toyo etc. Mr Mukesh R Gupta is Chairman and Mr Rajesh R Gupta is Managing Director of Lloyds Steel Industries Limited.