Latest news with #LloydsEngineeringWorksLimited
Business Upturn
19-05-2025
- Business
- Business Upturn
Lloyds Engineering secures Rs 15.39 crore project for Sharad Pawar Museum at Wankhede Stadium
By Aman Shukla Published on May 19, 2025, 10:36 IST Lloyds Engineering Works Limited (LEWL) has secured a contract from the Mumbai Cricket Association (MCA) to develop a cricket museum at Wankhede Stadium, Mumbai. The project, valued at Rs. 15.39 crores, is scheduled for completion within three months. This marks LEWL's expansion into the experiential infrastructure segment, moving beyond traditional construction to develop themed and interactive environments. The planned Sharad Pawar Museum will be located within Wankhede Stadium, a venue synonymous with Indian cricket history. The museum will present a curated narrative of Mumbai's longstanding connection with cricket and the significant contributions of the Mumbai Cricket Association to the sport at both national and international levels. Designed to be more than a static display, the museum will integrate a variety of interactive and educational features. Visitors will be able to explore a heritage gallery featuring historic memorabilia—such as trophies, photographs, jerseys, and personal belongings of Mumbai cricket legends. A Hall of Fame will recognize the achievements of players, coaches, and administrators associated with Mumbai cricket. Interactive zones will offer digital experiences including virtual reality batting simulators and holographic match replays, providing a modern and engaging way to relive key moments in cricket history. The museum will also include touchscreen displays that allow deeper exploration into data and stories from Mumbai cricket. A learning centre within the museum will support research and training activities, particularly for students, analysts, and aspiring cricketers. In addition, a multipurpose auditorium will host screenings, lectures, and cricket-themed events, making the space adaptable for various educational and cultural activities. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Hans India
07-05-2025
- Business
- Hans India
Lloyds Engineering registers 20 pc drop in Q4 net profit, revenue slips
Mumbai: Lloyds Engineering Works Limited (LEWL), formerly known as Lloyds Steels Industries Limited, on Wednesday reported a 20 per cent drop in its net profit for the fourth quarter (Q4) of FY25. The company posted a net profit of Rs 16.87 crore in Q4, down from Rs 21.13 crore in the previous quarter (Q3), according to its stock exchange filing. This decline in profitability came despite a fall of 10.75 per cent in total expenses. The company's total expenses stood at Rs 203. 29 crore in Q4, compared to Rs 227.77 crore in Q3. However, the drop in revenue and a sharp rise in specific cost heads weighed heavily on the bottom line. Revenue from operations declined 12.86 per cent to Rs 231.96 crore in Q4 from Rs 266.20 crore in the previous quarter. Total revenue, including other income, also fell by 13.5 per cent to Rs 238.72 crore in the last quarter of FY25 from Rs 276.01 crore in the previous quarter. Other income dropped by 30.92 per cent to Rs 6.77 crore from Rs 9. 8 crore. The company also faced a surge in employee benefits expenses, which increased by 11.79 per cent to Rs 17.18 crore in Q4 from Rs 15.37 crore in Q3. Manufacturing and other expenses jumped by 58.28 per cent to Rs 48.01 crore in Q4 from Rs 30.33 crore in the previous quarter. As a result, profit before tax also declined by 26.52 per cent to Rs 35.44 crore in Q4 from Rs 48.23 crore in Q3. Around 3.18 p.m., the shares of Lloyds Engineering Works Limited were trading flat at Rs 52.92, up by Rs 0.94 or 1.81 per cent on the National Stock Exchange (NSE) on Wednesday. Lloyds Engineering Works Limited is engaged in designing and manufacturing heavy equipment, machinery, and systems for key industries including oil and gas, power, steel, and nuclear sectors. It also undertakes turnkey and EPC (Engineering, Procurement, and Construction) projects across various industrial domains.
