Indian Metals reports 71% fall in Q1 net profit

Indian Metals & Ferro Alloys Ltd. | Ferro & Silica Manganese | Metals & Mining | BSE: 533047 | NSE: IMFA

17 Jul 2018 Evaluate

Indian Metals & Ferro Alloys (IMFA) has reported results for first quarter ended June 30, 2018.

The company has reported a fall of 71.24% in its net profit at Rs 28.74 crore for the quarter under review as compared to Rs 99.92 crore for the same quarter in the previous year. Total income of the company decreased by 5.33% at Rs 415.58 crore for Q1FY19 as compared Rs 438.97 crore for the corresponding quarter previous year.

IMFA is a producer of ferro chrome/ferro alloys. The company operates through two segments - Ferro Alloys and Power.

Peers

Company Name	CMP
Nava	566.05
Indian Metal & Ferro	1259.30
Maithan Alloys	1010.65
Indsil Hydro Power	39.65
Shyam CenturyFerrous	4.95
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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