Indian Metals & Ferro Alloys announced that the Board of Directors of the Company at its meeting held on 7 November 2024, inter alia, have recommended the interim dividend of Rs 10 per equity Share (i.e. 100%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Indian Metals & Ferro Alloys rose 40.20% to Rs 125.02 crore in the quarter ended September 2024 as against Rs 89.17 crore during the previous quarter ended September 2023. Sales declined 0.10% to Rs 691.92 crore in the quarter ended September 2024 as against Rs 692.61 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales691.92692.61 0 OPM %24.6321.69 - PBDT183.80148.83 23 PBT170.31123.15 38 NP125.0289.17 40 Powered by Capital Market - Live News

Indian Metals & Ferro Alloys will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live News

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