IMFA H1 FY13 Net Sales at Rs 553.88 crores; PAT at Rs 50.22 crores
Oct 16, 2013
Internal Press Release

Indian Metals & Ferro Alloys Ltd (IMFA), India’s largest, fully integrated producer of value-added ferro chrome, today announced its results for the second quarter (Q2 FY13) and first half (H1 FY13).

Q2 FY13 Performance
• The Company posted sales of Rs 266 crores in Q2 FY13 as compared to Rs 285.97 crores in Q2    FY12.
• Net profit for the quarter stood at Rs 21.77 crores as compared to a loss of Rs 8.69 crores in Q2    FY12.
• EBITDA during the quarter was Rs 63.41 crores as compared to Rs 27.28 crores in Q2 FY12.
• EBIDTA margin for Q2 FY13 stood at 23.8% as compared to 9.5% in Q2 FY12.

H1 FY13 Performance
• Net sales increased marginally by 1.4% to Rs 553.88 crores during H1 FY13 as compared to Rs    546.38 crores in H1 FY12.
• Net profit stood at Rs 50.22 crores, an increase of 74.8% as compared Rs 28.73 crores in H1 FY12.

Operational Highlights
• Exports accounted for 80% of the company’s net sales; improvement in prices in Q2 FY13 coupled    with rupee depreciation provided a boost to realisations.
• Commissioning activities relating to the 120 MW captive power plant are going on and    synchronisation of the first unit of 60 MW is expected in November 2012.

For any information relating to IMFA Group or to enquire about a Press Release issued by us please contact:

Mr Kishore Mohan Mohanty
Bhubaneswar
email: kishoremohanty@imfa.in