Indian Metals & Ferro Alloys shares rise after September-quarter results
The company reported a 51.4 per cent year-on-year increase in consolidated net profit to ₹147.76 crore.
Shares of Indian Metals & Ferro Alloys (IMFA) closed 2.5 per cent higher at ₹1,126 on Wednesday following the announcement of its September-quarter results, according to Mint.
The company reported a 51.4 per cent year-on-year increase in consolidated net profit to ₹147.76 crore for the September quarter of FY27, up from ₹97.56 crore in the same quarter last year. However, the profit declined 23.3 per cent sequentially from ₹192.59 crore in the June quarter.
Revenue from operations rose 34.7 per cent year-on-year to ₹968.17 crore from ₹718.65 crore in Q2 FY26. On a quarter-on-quarter basis, revenue increased 0.8 per cent from ₹960.45 crore in Q1 FY27.
EBITDA stood at ₹234.87 crore, up 70.3 per cent from ₹137.89 crore in Q2 FY26, while the EBITDA margin expanded to 24.3 per cent from 19.2 per cent a year ago. In the ferro alloys segment, revenue increased 34 per cent year-on-year to ₹967 crore.
IMFA has announced an interim dividend of ₹5 per share. The company stated in a regulatory filing that the record date for shareholders to be entitled to the dividend is Thursday, 12 November 2026.
The interim dividend will be paid to shareholders on or before Wednesday, 3 December 2026.