Indian Metals and Ferro Alloys Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 7,005.6 million compared to INR 6,369 million a year ago. Revenue was INR 7,115.1 million compared to INR 6,417.1 million a year ago. Net income was INR 862.7 million compared to INR 640.2 million a year ago. Basic earnings per share from continuing operations was INR 15.99 compared to INR 11.87 a year ago.
For the full year, sales was INR 27,801.7 million compared to INR 26,763.9 million a year ago. Revenue was INR 28,223.9 million compared to INR 27,007 million a year ago. Net income was INR 3,945.3 million compared to INR 2,252.6 million a year ago. Basic earnings per share from continuing operations was INR 73.12 compared to INR 41.75 a year ago.