Indian Metals & Ferro Alloys consolidated net profit rises 34.75% in the March 2024 quarter

Sales rise 10.00% to Rs 700.56 crore

Net profit of Indian Metals & Ferro Alloys rose 34.75% to Rs 86.27 crore in the quarter ended March 2024 as against Rs 64.02 crore during the previous quarter ended March 2023. Sales rose 10.00% to Rs 700.56 crore in the quarter ended March 2024 as against Rs 636.90 crore during the previous quarter ended March 2023.

For the full year,net profit rose 75.14% to Rs 394.53 crore in the year ended March 2024 as against Rs 225.26 crore during the previous year ended March 2023. Sales rose 3.88% to Rs 2780.17 crore in the year ended March 2024 as against Rs 2676.39 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales700.56636.90 10 2780.172676.39 4 OPM %14.9621.81 -21.1118.25 - PBDT110.55134.65 -18 594.15446.85 33 PBT97.94105.62 -7 516.12339.57 52 NP86.2764.02 35 394.53225.26 75

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