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.
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.
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