| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 643.22 | 7.0% |
| Total Income | 660.43 | 7.1% |
| Expenditure | 536.96 | 0.7% |
| PBT | 123.47 | 27.5% |
| Net Profit | 93.37 | 25.4% |
| OPM | 13.11% | 5.96pp |
| NPM | 14.14% | 3.47pp |
| EPS | 17.30 | 25.3% |
IMFA Reports Q3 FY25 Results with EPS at 3643.22cr and Revenue at 643.22cr
29 Jan 2025 · 29 Jan 2025, 10:28 pm
Summary
Indian Metals & Ferro Alloys Ltd (IMFA) announced its Q3 FY25 results on January 29, 2025. The company reported a standalone EPS of 3643.22cr and a revenue of 643.22cr for the quarter ending December 31, 2024. The financial highlights for Q3 FY25, Q2 FY25, and Q3 FY24, as well as YTD Dec 24 and YTD Dec 23, are provided in the release. IMFA also reported operational highlights, business developments, and other updates. The company's power supply situation in South Africa has stabilized, and it expects an improvement in ferro chrome prices going ahead.
Key Highlights
- 1
IMFA reports Q3 FY25 results with EPS at 3643.22cr and revenue at 643.22cr
- 2
Power supply situation in South Africa has stabilized
- 3
Significant upward pressure on tariffs with ESKOM proposing a ~36% increase
- 4
Pricing pressure on ferro chrome continues, but feedback from customers indicates revival in ferro chrome demand going ahead
- 5
Power Purchase Agreement (PPA) signed with JSW Green Energy One Ltd and JSW Green Energy Seven Ltd for 70 MW hybrid renewable energy
Management Comments
Mr Subhrakant Panda
Managing Director
Commodity markets in general are under pressure due to weak global demand and poor economic data emanating from China. However, we have minimised the impact of softening ferro chrome prices on Q3 FY25 results through long term contracts and declining input costs. Further, margins have been bolstered by treasury operations. The power supply situation in South Africa seems to have stabilised, there is significant upward pressure on tariffs with ESKOM having proposed a ~36% increase which is under consideration by the Regulator. Pricing pressure on ferro chrome continues in the ongoing quarter and current conditions are unsustainable for non- integrated producers. However, feedback from customers indicates revival in ferro chrome demand going ahead. As such, taking all things into consideration, the fall in ferro chrome prices has been arrested and we expect an improvement hereon.
Informational and educational content only. Not investment advice.