INDIAN METALS & FERRO ALLOYS LTD. - 533047 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Enclosed please find herewith copies of the public advertisement of the Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter and nine months ended 31st December 2021 released in "The Economic Times" (English) and in "Samaya" (Odia) on 28th January 2022.
Indian Metals & Ferro Alloys' net profit soars to Rs 122 crore in Q3
Indian Metals & Ferro Alloys (IMFA) on Thursday posted nearly four-fold jump in consolidated profit after tax (PAT) at Rs 122.24 crore for December quarter 2021-22, mainly on account of higher income. The company had logged Rs 32.53 crore PAT during October-December period of 2020-21, IMFA said in a regulatory filing. During the quarter under review, its total income rose to Rs 658.21 crore from Rs 430.10 crore a year ago. Total expenses were at Rs 483.63 crore as against Rs 395.29 crore in the year-ago quarter. In a separate statement, the company said it produced 61,545 tonne of ferrochrome (FeCr) and sold 55,403 tonne of the alloy during December quarter. The company said it has also made a prepayment of Rs 214 crore towards a long-term debt. IMFA MD Subhrakant Panda said: Our record performance in the ongoing fiscal has enabled us to prepay long-term debt thereby strengthening balance sheet ahead of our proposed 100,000 tonne per annum ferro chrome expansion." Headquartered Q3FY22 Quarterly Result Announced for Indian Metals & Ferro Alloys Ltd.
Iron & Steel Products company Indian Metals & Ferro Alloys declares Q3FY22 result: Highlights of Q3 FY22 vs Q3 FY21 (YoY) Revenues of Rs 655.22 crore vs Rs 425.46 crore Exports of Rs 583.46 crore vs Rs 397.01 crore EBITDA of Rs 214.87 crore vs Rs 73.05 crore PAT of Rs.121.74 crore vs Rs 32.14 crore Highlights of 9M FY22 vs 9M FY21 Revenues of Rs 1846.24 crore vs Rs 1268.12 crore Exports of Rs 1717.87 crore vs Rs1175.89 crore EBITDA of Rs 634.88 crore vs Rs 246.53 crore PAT of Rs 365.24 crore vs Rs 100.34 crore Commenting on the results, Mr Subhrakant Panda, Managing Directorsaid: “Our record performance in the ongoing fiscal has enabled us to prepay long term debt thereby strengthening Balance Sheet ahead of our proposed 100,000 tonnes per annum ferro chrome expansion. I am grateful to the State Government for allotting land for the project which we will now take us expeditiously. Ferro Chrome demand continues to be strong, and a trend reversal of prices is seen with recent upward movement. We expect strong financial performance in the next fiscal which will enable us to focus on growth while also rewarding shareholders .” Result PDF INDIAN METALS & FERRO ALLOYS LTD. - 533047 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
We are enclosing herewith copy of the Press Release of Unaudited Financial Results for the quarter and nine month ended 3pt December 2021, which may kindly be taken on record . INDIAN METALS & FERRO ALLOYS LTD. - 533047 - Outcome Of The Meeting Of The Board Of Directors Held On 27Th January 2022
The Board of Directors of the Company at their meeting held on 27th January 2022, inter alia, have approved the following: (1) The unaudited financial results (Standalone & Consolidated) of the Company for the quarter and nine month ended 31st December, 2021 (copy enclosed as Annexure-I). (2) Amended Policy on Materiality of Related party Transaction (copy Enclosed as Annexure-II). INDIAN METALS & FERRO ALLOYS LTD. - 533047 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
We wish to inform you that a Earnings Conference Call to discuss Q3FY22 results with Analysts / Investors has been scheduled on Friday, 28th January, 2022 at 12.00 Noon. INDIAN METALS & FERRO ALLOYS LTD. - 533047 - Update
Further to our disclosure dated 18th November 2019 we are pleased to inform you that we are in receipt of a letter intimating approval by the Land Allotment Committee of the proposal to allot land measuring 124.26 acres in Kalinga Nagar Industrial Complex (KNIC), Jajpur for our ferro chrome expansion project. INDIAN METALS & FERRO ALLOYS LTD. - 533047 - Closure of Trading Window
The trading window has already been closed with effect from 1st January 2022 pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 for all the Directors, Key Managerial Persons, Designated Persons and the Connected Persons covered under the said regulations and shall remain closed till 29th January 2022 for the purpose of declaration of unaudited financial results. INDIAN METALS & FERRO ALLOYS LTD. - 533047 - Board Meeting Intimation for Board Meeting
INDIAN METALS & FERRO ALLOYS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/01/2022 ,inter alia, to consider and approve We hereby inform you that the meeting of the Board of Directors of the Company will be held on Thursday, the 27th January 2022 to consider and take on record, inter-alia, the unaudited financial results (Standalone & Consolidated) of the Company for the quarter and nine month ended 31st December, 2021. INDIAN METALS & FERRO ALLOYS LTD. - 533047 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for R K Sahoo