IMFA Reports Record Q1 FY27 Revenue of ₹960.45 Cr, PAT at ₹191.49 Cr

Indian Metals & Ferro Alloys Ltd (IMFA) announced a record-breaking performance for the quarter ended June 30th, 2026 (Q1 FY27). Revenue surged to ₹960.45 crore from ₹641.54 crore in Q1 FY26, driven by higher volumes and firm prices. EBITDA stood at ₹281.27 crore, a significant increase from ₹125.47 crore in the prior year period. Profit After Tax (PAT) more than doubled to ₹191.49 crore from ₹91.48 crore. The company's Greenfield Project (KNR 1) is on track, with the first furnace expected to start production in August 2026. The KNR 2 project is fully operational. An ethanol project is nearing completion, and a new 65 MWp hybrid energy arrangement will increase renewable energy consumption to approximately 40% by mid-2027. Management highlighted the strategic acquisition and operational efficiency contributing to the record results.