Indian Metals & Ferro Alloys has reported results for the fourth quarter and year ended March 31, 2018.
The company has reported a fall of 97.18% in its net profit at Rs 4.90 crore for the quarter ended March 31, 2018 as compared to Rs 174 crore for the same quarter in the previous year. Total income of the company has decreased by 30.17% at Rs 440.41 crore for quarter under review as compared to Rs 630.72 crore for the quarter ended March 31, 2017.
For the year ended March 31, 2018, the company has posted a fall of 25.18% in its net profit at Rs 186.93 crore as compared to Rs 249.83 crore for the same period in the previous year. However, total income of the company increased marginally by 3.45% at Rs 1,806.59 crore for year under review as compared to Rs 1,746.39 crore for the period ended March 31, 2017.
