Indian Metals & Ferro Alloys reports standalone net profit of Rs 174.00 crore in the March 2017 quarter

Sales rise 188.53% to Rs 588.20 crore

Net profit of Indian Metals & Ferro Alloys reported to Rs 174.00 crore in the quarter ended March 2017 as against net loss of Rs 37.29 crore during the previous quarter ended March 2016. Sales rose 188.53% to Rs 588.20 crore in the quarter ended March 2017 as against Rs 203.86 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 249.83 crore in the year ended March 2017 as against net loss of Rs 44.73 crore during the previous year ended March 2016. Sales rose 38.06% to Rs 1672.35 crore in the year ended March 2017 as against Rs 1211.30 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales588.20203.86 189 1672.351211.30 38 OPM %46.42-8.66 -30.8110.16 - PBDT292.84-34.93 LP 478.3555.89 756 PBT265.11-65.82 LP 369.66-58.16 LP NP174.00-37.29 LP 249.83-44.73 LP

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