IMFA Q1 FY14 revenue at Rs 307 crores; EBIDTA of Rs 90 crores
Jul 29, 2013
Internal Press Release

Indian Metals & Ferro Alloys Ltd (IMFA), India’s leading fully integrated producer of value-added chrome, today announced results for the first quarter ended 30th June 2013.

Highlights of Q1 FY14 v/s Q1 FY13
• Revenue of Rs 306.96 cr vs Rs 298.58 cr
• EBIDTA of Rs 89.73 cr vs Rs 91.36 cr
• Exports of Rs 248.14 cr v Rs 241.41 cr
• PAT of Rs 10.07 cr vs Rs 28.45 cr.

Operational Highlights
The second unit of the 2x60 MW Captive Power Plant located at Choudwar, Odisha was synchronised with the grid on 30th June. With this, IMFA’s total captive power generation capacity stands at 258 MW. Initial teething issues are currently being addressed and both units of the new CPP are expected to operate at optimum capacity by the third quarter of the current fiscal.

Transportation of chrome ore from the Nuasahi Mines have commenced in July and will have a positive impact on profitability going ahead.

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