Indian Metals and Ferro Alloys reports rise in profit and announces dividend

Indian Metals and Ferro Alloys shares went up 2.5 percent to close at 1,126 rupees on Wednesday following its latest financial results. The company reported a 51.4 percent increase in net profit year-on-year to 147.76 crore rupees for the September quarter of fiscal year 2027. However, profit dropped 23.3 percent compared to the previous June quarter.

Financial Details

Revenue from operations grew 34.7 percent year-on-year to 968.17 crore rupees. Operating profit, known as EBITDA, reached 234.87 crore rupees, marking a 70.3 percent rise from the same period last year. The operating margin improved to 24.3 percent from 19.2 percent.

Segment Performance

Ferro alloys revenue went up 34 percent to 967 crore rupees. Power and mining segment revenues stood at 133 crore rupees and 159 crore rupees respectively. The company also declared an interim dividend of 5 rupees per share, with November 12 set as the record date.

Context

Corporate earnings reports help investors understand the financial health and growth of publicly listed companies. Interim dividends provide regular payouts to shareholders between annual financial announcements.