Indian Metals and Ferro Alloys Limited (IMFA) is a leading, fully integrated producer of Ferro Chrome in India which is primarily used in the production of stainless steel. It was set up in 1961.
Financial Results:
- Indian Metals & Ferro Alloys Ltd reported Revenues for Q2FY24 of ₹693.00 Crores up from ₹672.00 Crore year on year, a rise of 3.12%.
- Total Expenses for Q2FY24 of ₹581.00 Crores down from ₹649.00 Crores year on year, a fall of 10.48%.
- Consolidated Net Profit of ₹89.00 Crores up 456.25% from ₹16.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹16.53, up 447.35% from ₹3.02 in the same quarter of the previous year.
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