IMFA Q2 Profit Surges 40% to Rs 125 cr | Business News
Indian Metals and Ferro Alloys (IMFA) reported a 40% jump in Q2 net profit to Rs 125.21 crore, driven by lower expenses. Read more about the company's financial performance.
New Delhi, Nov 7 (PTI) Indian Metals and Ferro Alloys (IMFA) on Thursday reported a 40 per cent rise in consolidated net profit to Rs 125.21 crore in the September quarter, aided by reduced expenses.
It had posted Rs 89.34 crore net profit a year ago, the company said in an exchange filing.
The company's total income rose to Rs 711.02 crore from Rs 704.25 in the July-September period in the preceding 2023-24 financial year.
IMFA trimmed its expenses to Rs 540.71 crore from 581.10 crore in the year-ago quarter.
It had posted Rs 89.34 crore net profit a year ago, the company said in an exchange filing.
The company's total income rose to Rs 711.02 crore from Rs 704.25 in the July-September period in the preceding 2023-24 financial year.
IMFA trimmed its expenses to Rs 540.71 crore from 581.10 crore in the year-ago quarter.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 6.75 ( -0.30)
- 58632097
- Murae Organisor
- 1.35 ( -3.57)
- 34247923
- Tata Teleservices (M
- 76.90 (+ 11.37)
- 33182759
- KBC Global
- 0.36 ( 0.00)
- 26823323
- Standard Capital
- 0.37 ( 0.00)
- 20834876
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback