Tag: IMFA profits

Weak Ferro Chrome Prices Drag IMFA Net Profit to Rs 34.68 Cr in Q3

Feb 13, 2019

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by

Ankita Chakraborty

in Ferro Chrome

Leading metals and alloys producer Indian Metals & Ferro Alloys Ltd (IMFA) bore the brunt of tepid Ferro Chrome prices. IMFA’s net profit in the December quarter of this fiscal plummeted to Rs 34.68 crore compared with Rs 74.74 crore in the year-ago period, a fall of 53 percent. The downtrend was noticed in gross…