The Board of Directors of Indian Metals & Ferro Alloys Limited approved the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. The company reported a strong quarterly performance, driven by firm ferro chrome prices and improved operational efficiency. Notably, the company successfully integrated a strategic acquisition of a 100,000 tonnes per annum (tpa) ferro chrome facility at Kalinganagar from Tata Steel Limited, which became fully operational in March 2026. Furthermore, the Board recommended a final dividend of Rs 7.50 per equity share for the financial year. The comparative financial analysis for the current quarter is as follows:

Established in 1961 and headquartered in Bhubaneswar, Odisha, Indian Metals & Ferro Alloys Limited (IMFA) is India’s largest fully integrated producer of ferro chrome. The company operates captive chrome ore mines at Sukinda and Mahagiri, along with manufacturing complexes at Therubali, Choudwar, and Kalinganagar. As of 2025, IMFA has focused on capacity expansion through its greenfield project in Kalinganagar and has prioritized diversification into renewable energy to enhance its energy mix. The company continues to maintain a leadership position in the ferro chrome industry, catering to both domestic and global stainless steel markets.