IMFA Q1 PAT Rises to Rs 914.8 Million on Higher Ferro Chrome
Indian Metals & Ferro Alloys Ltd (IMFA), India’s leading fully integrated ferro alloys producer, announced its results for the quarter ended 30 June 2025 (Q1 FY26), reporting a significant improvement in financial performance driven by rising ferro chrome prices and operational efficiency.The Company recorded standalone revenue of Rs 6.42 billion, with EBITDA of Rs 1.25 billion and net profit (PAT) of Rs 914.8 million. EBITDA margin stood at 19.56 per cent, and PAT margin was 14.26 per cent. Earnings per share (not annualised) came in at Rs 16.96. Exports for the quarter reached Rs 5.56 ..
Bharat Forge to Set Up Aerospace Ring Mill by 2026
Bharat Forge Ltd. (BFL), a global leader in advanced forging and precision engineering, has signed contracts with Pratt & Whitney Canada to supply aerospace components, and will establish a new advanced ring mill dedicated to aerospace applications.The new facility, part of BFL’s continued expansion in aerospace manufacturing, will focus on producing high-performance products for aero-engine applications. It will incorporate state-of-the-art technologies and meet the highest global standards for quality and traceability.Amit Kalyani, Vice-Chairman and Joint Managing Director of Bharat Fo..
Birla Corp Q1 Profit Rises 264 per cent, Cement Sales Grow 9 per cent
Birla Corporation Limited reported consolidated revenue of Rs 24.86 billion for the June quarter, marking a 13 per cent rise year-on-year, with net profit soaring 264 per cent to Rs 1.2 billion. Cement sales volume rose 9 per cent to 4.79 million tonnes from 4.38 million tonnes the previous year.Consolidated EBITDA increased 38 per cent to Rs 3.79 billion from Rs 2.75 billion, driven by improved cement sales, cost reductions, and a turnaround in the jute division.Cement operations faced mixed regional market conditions. While western and eastern India showed strength, central India remained we..
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