Q2 Earnings Surge: Lloyds Metals Profit Leaps 88% to ₹1,046 Cr, Saregama Jumps
Corporate India’s second-quarter financial scorecards delivered another round of robust earnings on Wednesday, November 4, 2026, as industrial mining player Lloyds Metals, music and entertainment giant Saregama India, and packaged food producer Mrs. Bectors Food Specialities announced double-digit growth across their operational metrics. The quarterly performance highlighted expanding operational profitability and resilient domestic demand, with all three companies reporting significant year-on-year improvements in top-line revenue, operating EBITDA, and consolidated net profit margins. The results provided a substantial boost to market sentiment on Dalal Street, reflecting strong execution discipline across the metals, digital media, and fast-moving consumer goods (FMCG) sectors.
Lloyds Metals Delivers Stellar Performance: Net Profit Surges 88% to ₹1,046 Crore
Leading the pack with exponential growth, metal trading and mining player Lloyds Metals and Energy registered an 88.1 percent year-on-year surge in consolidated net profit for the second quarter, reaching ₹1,046 crore compared to ₹556 crore logged during the corresponding period of the previous fiscal year. In its regulatory exchange filing, the company revealed a 55.3 percent jump in operational revenue, which climbed to ₹5,673 crore from ₹3,652 crore a year ago. Operational efficiency also demonstrated considerable strength, with earnings before interest, taxes, depreciation, and amortization (EBITDA) accelerating 75.4 percent to ₹1,804 crore against ₹1,028 crore reported in Q2 of the preceding year. Concurrently, the company's operating EBITDA margin expanded by 360 basis points to settle at 31.8 percent, up from 28.2 percent, underscoring superior operating leverage and steady realization gains.
Saregama Hits ₹65 Crore Profit as Mrs. Bectors Posts Resilient 24% Bottom-Line Growth
The entertainment and consumer retail spaces similarly mirrored this growth trajectory. Renowned music label and media company Saregama India reported an impressive earnings surge, with consolidated net profit climbing from ₹44 crore to ₹65 crore year-on-year. Driven by healthy digital music licensing, content distribution, and publishing streams, Saregama’s total revenue from operations increased to ₹314 crore compared to ₹230 crore in the prior-year quarter, while its EBITDA rose to ₹101.3 crore from ₹69 crore, elevating its EBITDA margin to 32.3 percent from 30 percent. In the FMCG segment, premium biscuit and bakery manufacturer Mrs. Bectors Food Specialities sustained its steady retail expansion, posting a 24 percent rise in consolidated net profit to ₹46 crore for the September quarter, up from ₹37 crore in the base year. The packaged food major saw its consolidated top-line advance to ₹631 crore from ₹551 crore, supported by an EBITDA increase to ₹82 crore from ₹69 crore and a margin improvement to 13.1 percent, reflecting steady volume traction across both domestic retail shelves and institutional export channels.
