Lua has a deserved reputation for performance. To claim to be “as fast as Lua” is an aspiration of other scripting languages. Several benchmarks show Lua as the fastest language in the realm of interpreted scripting languages. Lua is fast not only in fine-tuned benchmark programs, but in real life too. Substantial fractions of large applications have been written in Lua.
If you need even more speed, try LuaJIT, an independent implementation of Lua using a just-in-time compiler.