Indian Metals and Ferro Alloys Ltd on Thursday reported a marginal fall of 0.93% in consolidated profit after tax to Rs 63.57 crore for the March quarter, supported by higher income. It had clocked Rs 64.17 crore profit After Tax in the year-ago period, the company said in an exchange filing.
The company's total income rose to Rs 711.51 crore, from Rs 641.71 crore in January-March FY23.
During the period under review, its expenses stood at Rs 613.57 crore, as against Rs 536.09 crore a year ago.
ADVERTISEMENT
The board of the company also approved a final dividend of Rs 7.50 per share for FY24.
Bhubaneswar-based IMFA is a leading integrated producer of value-added ferro chrome with installed 284,000 tonnes per annum.
Add us to your Preferences
Set as your preferred source on Google
ADVERTISEMENT
RECOMMENDED FOR YOU
Did A Tiger Attack A Guard At Brahmapuri Forest Guest House? Here's The Truth
IMFA To Acquire Tata Steel's Ferro Chrome Plant In Odisha For Rs 610 Crore
Bharti Airtel Q2 Results: Profit Surges 14%, Revenue Up; ARPU Rises
Stocks To Watch Today: Urban Company, Eicher Motors, Tata Chemicals, Ixigo
POPULAR
1
Rs 35,000 SIP: Final Corpus After 12, 15 And 20 Years
2
Sberbank To Expand India Operations, Invest About $100 Million Over 3 Years, Says CEO
3
SEBI Orders Impounding Of Rs 546-Crore 'Unlawful Gains' From Avadhut Sathe, His Academy
4
Trade Talks: US Team Lands In India Next Week Amid Hopes Of Pact By Year-End To Address Tariffs
5