Indian Metals & Ferro Alloys Limited reported a standalone net profit of ₹191.49 crore for the quarter ended June 30, 2026 (Q1FY27), marking a 109% year-on-year increase from ₹91.48 crore in Q1FY26. The surge was driven by a 50% rise in revenue from operations to ₹960.45 crore, supported by higher ferro chrome production volumes and firm average realizations. EBITDA rose sharply to ₹281.27 crore from ₹125.47 crore in the prior year period, with the EBITDA margin expanding significantly to 29.29% from 19.56%, reflecting strong operational leverage and improved cost efficiency.

The Board of Directors approved the unaudited financial results on August 4, 2026. Statutory auditors Walker Chandiok & Co LLP issued a limited review report confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) under section 133 of the Companies Act, 2013.

Financial Performance Highlights

On a consolidated basis, net profit stood at ₹192 crore compared to ₹92.4 crore in Q1FY26, while revenue came in at ₹960.45 crore versus ₹641.54 crore in the year-ago period. Earnings per share (basic) rose to ₹35.49 from ₹16.96 in the previous year. Total income increased to ₹972.42 crore from ₹662.68 crore, while total expenses rose to ₹679.18 crore from ₹516.07 crore. Exports contributed ₹793.61 crore to revenue, up from ₹556.26 crore in Q1FY26.

Operational Highlights

Ferro chrome production reached 80,690 tonnes in Q1FY27, exceeding 80,000 tonnes for the first time, compared to 65,929 tonnes in Q1FY26. Sales volume was 79,268 tonnes against 66,580 tonnes in the prior year. Average realization per tonne of ferro chrome increased to ₹119,888 from ₹95,165 in Q1FY26. Chrome ore raising surged to 272,555 tonnes from 103,780 tonnes, supporting backward integration benefits. Power generation stood at 289 million units.

Strategic Developments

The KNR-2 acquisition is fully integrated, with all four furnaces operational; approximately 14,000 tonnes were dispatched from this plant in Q1FY27. The greenfield KNR-1 project is nearing completion, with Consent to Operate and Factory License received. Hot metal tapping from the first furnace is expected in late August 2026, with the second furnace likely to be commissioned in September 2026. Upon stabilization by Q3FY27, total operating smelting capacity will exceed 500,000 tonnes annually.

Additionally, IMFA signed a long-term offtake arrangement with Enfinity Global for an additional 65 MWp hybrid renewable energy, expected by June 2027. This increases contracted renewable capacity from 70 MW to 135 MW, aiming for approximately 40% non-fossil energy consumption by mid-next year. The 120 kLD ethanol plant at Therubali is in advanced mechanical erection, with trial runs expected in October 2026 despite delays from geopolitical and monsoon disruptions.

What the Numbers Show

The disproportionate rise in net profit compared to revenue growth indicates significant margin expansion. While revenue grew by nearly 50%, net profit more than doubled, driven by a combination of higher volumes and a 26% increase in average realizations per tonne. The EBITDA margin widened by 973 basis points to 29.29%, suggesting that cost efficiencies and favorable pricing outweighed the rise in EBITDA cost per MT, which increased to ₹85,884 from ₹77,575 in Q1FY26. The surge in chrome ore raising supports the company’s backward integration strategy, reducing dependency on external raw material supply.

Indian Metals & Ferro Alloys Ltd has scheduled a conference call with analysts and investors to discuss its financial results for the first quarter of FY27 (Q1FY27). The event is set for Tuesday, August 4, 2026, at 4:30 PM IST, providing stakeholders with an opportunity to review the company’s performance and strategic outlook for the period.

The company issued the intimation on July 28, 2026, directing participants to the National Stock Exchange of India Ltd and BSE Limited. The announcement confirms that the discussion will focus specifically on the Q1FY27 results, marking the beginning of the fiscal year’s reporting cycle for the metals and ferro alloys producer based in Odisha.

Conference Call Details

The earnings call will be conducted via audio conference and webcast. Participants can join using the provided access numbers or through the Diamond Pass link. The company has listed specific contact numbers for domestic and international dial-in, ensuring global accessibility for investors.

Senior leadership will be present to address queries from the investment community. Mr. Subhrakant Panda, the Managing Director, and Mr. Saunak Gupta, the Chief Financial Officer, are expected to lead the presentation on operational metrics and financial health. Mr. Bijayananda Mohapatra, Whole Time Director and COO, and Mr. Sureshbabu Chigurupalli, Head of the Ferro Alloys Business Unit, will also participate to provide sector-specific insights.

Access Information

Investors may access the call through the following channels:

• Primary Number: +91 22 6280 1102
• Toll Free Number: +91 22 7115 8003
• USA: 18667462133
• UK: 08081011573
• Singapore: 8001012045
• Hong Kong: 800964448

The company has engaged Adfactors PR to handle RSVPs and logistical coordination. Interested parties can register via email through the designated contacts at Adfactors PR. The conference call serves as a critical communication channel for transparency, allowing analysts to assess the company’s trajectory in the competitive metals market ahead of the full fiscal year.