Lundin Gold, Inc. Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Million

Consolidate Quarterly Results

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Jun'24

Net Sales

734.26

615.74

627.13

511.30

477.98

440.68

412.37

Other Operating Income

0.00

Total Operating income

734.26

615.74

627.13

511.30

477.98

440.68

412.37

Raw Material Cost

241.08

217.65

210.48

191.11

196.32

177.97

189.53

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

0.00

348.10

Selling and Distribution Expenses

33.93

16.34

22.33

17.35

20.06

6.75

6.64

Other Expenses

0.00

-34.81

Total Expenditure (Excl Depreciation)

275.00

233.98

232.81

208.46

216.38

184.72

196.16

Operating Profit (PBDIT) excl Other Income

459.3

381.8

394.3

302.8

261.6

256

216.20000000000002

Other Income

6.63

9.57

5.45

7.90

20.28

3.86

8.60

Operating Profit (PBDIT)

515.72

438.71

448.75

353.22

328.77

306.41

273.86

Interest

0.00

348.10

Exceptional Items

0.00

357.97

Gross Profit (PBDT)

493.19

398.09

416.65

320.19

281.66

262.71

222.84

Depreciation

49.84

47.39

48.97

42.49

46.90

46.59

49.05

Profit Before Tax

465.88

391.33

399.77

310.73

281.87

259.82

234.68

Tax

139.32

105.28

127.35

90.48

101.27

74.71

71.49

Provisions and contingencies

0.00

Profit After Tax

326.57

286.05

272.42

220.25

180.60

185.11

163.19

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

326.57

286.05

272.42

220.25

180.60

185.11

163.19

Share in Profit of Associates

0.00

Minority Interest

0.00

Other related items

0.00

Consolidated Net Profit

326.57

286.05

272.42

220.25

180.60

185.11

163.19

Equity Capital

0.00

Face Value

0.0

Reserves

1,869.88

1,839.38

1,779.52

1,873.87

1,749.28

1,547.48

1,437.15

Earnings per share (EPS)

1.35

1.18

1.12

0.91

0.75

0.77

0.68

Diluted Earnings per share

1.35

1.18

1.12

0.91

0.75

0.77

0.68

Operating Profit Margin (Excl OI)

62.55%

62.0%

62.88%

59.23%

54.73%

58.08%

52.43%

Gross Profit Margin

70.24%

71.25%

71.56%

69.08%

68.78%

69.53%

68.81%

PAT Margin

44.48%

46.46%

43.44%

43.08%

37.79%

42.01%

39.57%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Dec 2025 is 19.26% vs -1.82% in Sep 2025

Consolidate Net Profit

QoQ Growth in quarter ended Dec 2025 is 14.20% vs 4.99% in Sep 2025

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Dec 2025 is 18.64% vs -3.20% in Sep 2025

Interest

No Interest in the last few periods

Operating Profit Margin (Excl OI)

QoQ Growth in quarter ended Dec 2025 has improved from Sep 2025

Compare Quarterly Results Of Lundin Gold, Inc. With

Select Peers

Figures in Million

Consolidate Quarterly Results

Change(CAD)

Change(%)

Net Sales

734.26

727.47

6.79

0.93%

Other Operating Income

0.00

Total Operating income

734.26

727.47

6.79

0.93%

Raw Material Cost

241.08

391.54

-150.46

-38.43%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

0.00

2.20

-2.20

-100.00%

Selling and Distribution Expenses

33.93

23.80

10.13

42.56%

Other Expenses

0.00

-0.22

0.22

100.00%

Total Expenditure (Excl Depreciation)

275.00

415.34

-140.34

-33.79%

Operating Profit (PBDIT) excl Other Income

459.26

312.13

147.13

47.14%

Other Income

6.63

-47.93

54.56

113.83%

Operating Profit (PBDIT)

515.72

315.43

200.29

63.50%

Interest

0.00

2.20

-2.20

-100.00%

Exceptional Items

0.00

28.71

-28.71

-100.00%

Gross Profit (PBDT)

493.19

335.93

157.26

46.81%

Depreciation

49.84

54.00

-4.16

-7.70%

Profit Before Tax

465.88

287.94

177.94

61.80%

Tax

139.32

50.09

89.23

178.14%

Provisions and contingencies

0.00

Profit After Tax

326.57

253.02

73.55

29.07%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

326.57

253.02

73.55

29.07%

Share in Profit of Associates

0.00

Minority Interest

0.00

-15.25

15.25

100.00%

Other related items

0.00

Consolidated Net Profit

326.57

237.76

88.81

37.35%

Equity Capital

0.00

Face Value

0.00

Reserves

1,869.88

4,808.28

-2,938.40

-61.11%

Earnings per share (EPS)

1.35

1.17

0.18

15.38%

Diluted Earnings per share

1.35

1.17

0.18

15.38%

Operating Profit Margin (Excl OI)

62.55%

42.53%

0.00

20.02%

Gross Profit Margin

70.24%

47.00%

0.00

23.24%

PAT Margin

44.48%

34.78%

0.00

9.70%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Quarterly - Net Sales

Net Sales 73.43 Million

in Dec 2025

Figures in Million

QoQ Growth in quarter ended Dec 2025 is 19.26% vs -1.82% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 53.62% vs 84.06% in Dec 2024

Quarterly - Consolidate Net Profit

Consolidate Net Profit 32.66 Million

in Dec 2025

Figures in Million

QoQ Growth in quarter ended Dec 2025 is 14.20% vs 4.99% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 80.84% vs 1,096.03% in Dec 2024

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 50.91 Million

in Dec 2025

Figures in Million

QoQ Growth in quarter ended Dec 2025 is 18.64% vs -3.20% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 65.02% vs 135.50% in Dec 2024

Quarterly - Interest

No Interest in the last few periods

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 62.55%

in Dec 2025

Figures in %

QoQ Growth in quarter ended Dec 2025 has improved from Sep 2025

YoY Growth in quarter ended Dec 2025 has improved from Dec 2024