{"id":149916,"date":"2023-07-26T06:29:54","date_gmt":"2023-07-26T10:29:54","guid":{"rendered":"https:\/\/44.250.171.167\/?p=149916"},"modified":"2023-07-26T06:29:56","modified_gmt":"2023-07-26T10:29:56","slug":"indian-metals-17-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/indian-metals-17-fall-in-profits\/","title":{"rendered":"Indian Metals &#038; Ferro Alloys Ltd Q1 FY24; 17% fall in Profits"},"content":{"rendered":"<p>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.<\/p>\n<p><strong>Financial Results: <\/strong><\/p>\n<ul>\n<li>Indian Metals &amp; Ferro Alloys Ltd reported Revenues for Q1FY24 of \u20b9702.00 Crores down from \u20b9743.00 Crore year on year, a fall of 5.52%.<\/li>\n<li>Total Expenses for Q1FY24 of \u20b9562.00 Crores down from \u20b9572.00 Crores year on year, a fall of 1.75%.<\/li>\n<li>Consolidated Net Profit of \u20b9111.00 Crores down 17.16% from \u20b9134.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b920.46, down 17.67% from \u20b924.85 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-227-839x1024.png\" alt=\"\" class=\"wp-image-149918\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-227-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-227-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-227-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-227-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-227.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish. <br \/>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>","protected":false},"excerpt":{"rendered":"<p>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 &amp; Ferro Alloys Ltd reported Revenues for Q1FY24 of \u20b9702.00 Crores down from \u20b9743.00 Crore year on [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[8177],"class_list":["post-149916","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-metals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":156390,"url":"https:\/\/alphastreet.com\/india\/indian-metals-456-rise-in-profits\/","url_meta":{"origin":149916,"position":0},"title":"Indian Metals &#038; Ferro Alloys Ltd Q2FY24; 456% rise in Profits","author":"Hardik Bhandare","date":"November 17, 2023","format":false,"excerpt":"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 \u20b9693.00 Crores up\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-238.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-238.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-238.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-238.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-238.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-238.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153688,"url":"https:\/\/alphastreet.com\/india\/maithan-alloys-ltd-q1fy24-73-fall-in-profits\/","url_meta":{"origin":149916,"position":1},"title":"Maithan Alloys Ltd Q1FY24; 73% fall in Profits","author":"Karan_Singh","date":"August 14, 2023","format":false,"excerpt":"Maithan Alloys is engaged in the business of manufacturing and exporting of all three bulk Ferro alloys- Ferro Manganese, Silico Manganese and Ferro Silicon. It is also engaged in the generation and supply of Wind Power and has a Captive Power Plant.(Source : 201903 Annual Report Page No: 88) Financial\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1004.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1004.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1004.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1004.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1004.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1004.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151248,"url":"https:\/\/alphastreet.com\/india\/nava-ltd-q1fy24-1-rise-in-profits\/","url_meta":{"origin":149916,"position":2},"title":"Nava Ltd Q1FY24; 1% rise in Profits","author":"Karan_Singh","date":"August 4, 2023","format":false,"excerpt":"Nava Bharat Ventures Ltd was established in 1972 as an Indian ferro alloys manufacturer, Nava Bharat is now a multinational company, operating in India, South East Asia and Africa with businesses in metals manufacturing, power, mining, agribusiness and healthcare. Financial Results: Nava Ltd reported Revenues for Q1FY24 of \u20b91,042.00 Crores\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-192.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-192.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-192.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-192.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-192.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-192.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":168491,"url":"https:\/\/alphastreet.com\/india\/sarthak-metals-ltd-q4fy25-25-rise-in-profits\/","url_meta":{"origin":149916,"position":3},"title":"Sarthak Metals Ltd Q4FY25; 25% rise in Profits","author":"Divyansh_Kasana","date":"May 23, 2025","format":false,"excerpt":"Incorporated in 1995, Sarthak Metals Ltd manufactures and sells cored wires, ferro alloys, aluminium wire and related items Financial Results: Sarthak Metals Ltd reported Revenues for Q4FY25 of \u20b93,853.00 Crores down from \u20b94,164.00 Crore year on year, a fall of 7.47%. Total Expenses for Q4FY25 of \u20b93,486.00 Crores down from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/download.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/download.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/download.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/download.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/download.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/download.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149053,"url":"https:\/\/alphastreet.com\/india\/indian-metals-ferro-alloys-covering-the-entire-value-chain\/","url_meta":{"origin":149916,"position":4},"title":"Indian Metals &#038; Ferro Alloys: Covering the Entire Value Chain","author":"Karan_Singh","date":"July 11, 2023","format":false,"excerpt":"\u201cWith a market valuation of over INR1,500 crores, the company operates in the metal and mining industry business space. With 190 MVAs installed in its capacity and 204.5 megawatt captive power generating capacity, that includes 4.55 Mw solar power, and enormous chrome ore mining tracks, IMFA is India's foremost fully\u2026","rel":"","context":"In &quot;Industrials&quot;","block_context":{"text":"Industrials","link":"https:\/\/alphastreet.com\/india\/category\/industrials\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-524529958.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-524529958.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-524529958.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":151917,"url":"https:\/\/alphastreet.com\/india\/shyam-century-ferrous-ltd-q1fy24-70-fall-in-profits\/","url_meta":{"origin":149916,"position":5},"title":"Shyam Century Ferrous Ltd Q1FY24; 70% fall in Profits","author":"Chirag Gupta","date":"August 9, 2023","format":false,"excerpt":"Incorporated in 2011, Shyam Century Ferrous Limited is engaged in manufacturing Ferro Alloys like Ferro Silicon mainly in North-Eastern India. This business was transferred from Star Ferro and Cement Limited as a part of a demerger scheme in 2014. Company is promoted by Mr. Sajjan Bhajanka & Mr. Sanjay Agarwal\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-416.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-416.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-416.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-416.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-416.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-416.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/149916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1917"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=149916"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/149916\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=149916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=149916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=149916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}