Indian Metals and Ferro Alloys Q4 Result: Total Income Rose To Rs 711.51 Crore

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.