IMFA records highest ever turnover and production
Q4 FY15 PAT up 233%; Sale quantity up 27%, Production up 19% Y-o-Y
May 14, 2015
Internal Press Release

Indian Metals & Ferro Alloys (IMFA), India’s leading fully integrated producer of value-added ferro chrome, today announced its Q4 and FY15 results for the period ended March 31st, 2015.

Highlights of Q4 FY15 vs Q4 FY14
• Revenue increased by 24% to Rs 403.19 crores (Rs 324.16 crores)
• Net Profit increased by 233% to Rs 13.15 crores (Rs 3.95 crores)
• EBIDTA increased by 11% to Rs 85.03 crores (Rs 76.62 crores)
• Exports increased by 25% to Rs 330.04 crores (Rs 264.37 crores)

Highlights of FY15 vs FY14
• Highest ever revenue of Rs 1344.79 crores (Rs 1317.85 crores)
• Net Profit of Rs 11.98 crores (Rs 39.12 crores)
• EBIDTA of Rs 262.90 crores (Rs 310.34 crores)
• Exports of Rs 1064.37 crores (Rs 1073.75 crores)

Business Highlights
• Highest ever ferro chrome production of 205,203 tonnes and power generation of 914 million units achieved in FY15
• Record ferro chrome sale of 205,478 tonnes achieved in FY15

Commenting on the results Mr Subhrakant Panda, MD & CEO, IMFA said: “Better capacity utilisation led to improved financial performance in the last quarter and underscores the robustness of our integrated business model. FY15 was a very difficult year but, while some challenges remain, we are confident of a better performance going ahead. We are targeting higher output in the current fiscal and part conversion of debt into foreign currency will also bring down interest costs.”

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