Indian Metals and Ferro Alloys (IMFA), one of the largest integrated producers of ferro alloys in the country, has reported 9.96% decline in net profit at Rs 22.04 crore for the fourth quarter of FY12.
The company had posted a net profit of Rs 24.48 crore in January-March quarter of 2011, IMFA said in a filing to the BSE yesterday.
The company's total income from operations rose to Rs 318.49 crore in the quarter under review from Rs 285.68 crore in the same quarter last year.
For the year-ended March 31, 2012, IMFA's net profit declined to Rs 63.93 crore compared to Rs 165.44 crore in the year-ago period.
Total income rose to Rs 1,192.54 crore from Rs 1,068.04 crore in 2010-11.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app