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Indian Metals & Ferro Alloys consolidated net profit rises 93.89% in the June 2020 quarter

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Capital Market

Sales decline 9.16% to Rs 405.08 crore

Net profit of Indian Metals & Ferro Alloys rose 93.89% to Rs 24.43 crore in the quarter ended June 2020 as against Rs 12.60 crore during the previous quarter ended June 2019. Sales declined 9.16% to Rs 405.08 crore in the quarter ended June 2020 as against Rs 445.93 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales405.08445.93 -9 OPM %15.4312.51 -PBDT63.3444.23 43 PBT37.9420.13 88 NP24.4312.60 94

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First Published: Jul 27 2020 | 5:05 PM IST

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