India Metal & Ferro Alloys announced that ICRA vide its letter dated 4 September, 2024 has reaffirmed the long-term rating at [ICRA]AA- (Stable) (pronounced ICRA Double A Minus Stable) and the short-term rating at [ICRA]A1+ (pronounced ICRA A One plus). The outlook on the long-term rating has also been reaffirmed at Stable. Powered by Capital Market - Live News

Net profit of Indian Metals & Ferro Alloys rose 2.42% to Rs 113.06 crore in the quarter ended June 2024 as against Rs 110.39 crore during the previous quarter ended June 2023. Sales declined 5.62% to Rs 662.28 crore in the quarter ended June 2024 as against Rs 701.73 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales662.28701.73 -6 OPM %24.3624.63 - PBDT170.21174.46 -2 PBT156.66149.44 5 NP113.06110.39 2 Powered by Capital Market - Live News

Indian Metals & Ferro Alloys will hold a meeting of the Board of Directors of the Company on 31 July 2024.Powered by Capital Market - Live News

Indian Metals & Ferro Alloys announced that the Annual General Meeting(AGM) of the company will be held on 31 July 2024.Powered by Capital Market - Live News

Net profit of Indian Metals & Ferro Alloys rose 34.75% to Rs 86.27 crore in the quarter ended March 2024 as against Rs 64.02 crore during the previous quarter ended March 2023. Sales rose 10.00% to Rs 700.56 crore in the quarter ended March 2024 as against Rs 636.90 crore during the previous quarter ended March 2023.For the full year,net profit rose 75.14% to Rs 394.53 crore in the year ended March 2024 as against Rs 225.26 crore during the previous year ended March 2023. Sales rose 3.88% to Rs 2780.17 crore in the year ended March 2024 as against Rs 2676.39 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales700.56636.90 10 2780.172676.39 4 OPM %14.9621.81 -21.1118.25 - PBDT110.55134.65 -18 594.15446.85 33 PBT97.94105.62 -7 516.12339.57 52 NP86.2764.02 35 394.53225.26 75 Powered by Capital Market - Live News