Bhubaneswar, January 29, 2025 – Indian Metals & Ferro Alloys Limited (NSE: IMFA, BSE: 533047) has reported strong financial performance for the third quarter and nine months ended December 31, 2024, backed by stable revenues and robust profit growth.
Key Financial Highlights (Q3 FY25 - Standalone)
- Revenue from Operations: ₹643.22 crores (vs. ₹685.27 crores in Q3 FY24).
- Total Income: ₹658.92 crores (vs. ₹694.16 crores in Q3 FY24).
- Profit Before Tax (PBT): ₹116.17 crores (vs. ₹144.14 crores in Q3 FY24).
- Net Profit (PAT): ₹86.13 crores, reflecting a stable financial position.
- Basic EPS: ₹15.96 (vs. ₹19.99 in Q3 FY24).
Nine-Month Financial Overview (9MFY25)
- Total Revenue: ₹1,997.42 crores (vs. ₹2,079.61 crores in 9MFY24).
- Operating Expenses: ₹1,597.38 crores.
- Net Profit: ₹336.38 crores (vs. ₹307.83 crores in 9MFY24), showing a 9.3% YoY increase.
- Total Comprehensive Income: ₹330.37 crores, reinforcing sustained profitability.
Segment-Wise Performance
Ferro Alloys
- Revenue: ₹643.20 crores.
- Segment Profit: ₹115.38 crores.
Power
- Revenue: ₹129.68 crores.
- Segment Loss: ₹(2.04) crores.
Mining
- Revenue: ₹108.29 crores.
- Segment Profit: ₹8.18 crores.
Regulatory & Corporate Updates
- Interim Dividend: ₹5.00 per share (50% of face value of ₹10 per share), with a record date of February 5, 2025.
- Retirement: Mr. Chitta Ranjan Ray, Whole-Time Director, will retire on January 30, 2025.
- New CFO: Mr. Saunak Gupta was appointed Chief Financial Officer, effective March 8, 2025.
- Company Secretary Change: Mr. Smruti Ranjan Ray will assume the role on March 8, 2025.
- Policy Updates: Revised Materiality of Related Party Transactions & Disclosure Policy.