Indian Metals & Ferro Alloys Limited (IMFA) Q2 FY27 Financial Results: PAT ₹191.49 Cr & Revenue ₹960.45 Cr(3 announcements)

IMFA reported record Q1 FY27 revenue of ₹960.45 crore, up 49.7% YoY, driven by higher volumes and prices. EBITDA surged to ₹281.27 crore (+124.1% YoY) and PAT rose to ₹191.49 crore (+109.3% YoY), reflecting strong operational performance and margin expansion. The company advanced its green initiatives, signing a long-term agreement for 65 MWp hybrid renewable energy, expected to be available by June 2027, which will supply approximately 40% of its energy needs from non-fossil sources by mid-2027. The ethanol project remains on track with trial run scheduled for October 2026. The Greenfield KNR 1 project is progressing toward full commissioning by September 2026, while KNR 2 is fully operational. These developments reinforce IMFA’s strategy to expand capacity, reduce carbon intensity, and diversify revenue streams.

IMFA reported record Q1 FY27 revenue of ₹960.45 crore, up 49.7% YoY, driven by higher volumes and prices. EBITDA rose to ₹281.27 crore (+124.1% YoY) and PAT surged 109.3% to ₹191.49 crore, with PAT margin expanding to 19.69%. The KNR 1 project is on track for August 2026 hot metal tapping, while KNR 2 is fully operational. A 65 MWp hybrid renewable energy deal with Enfinity Global is signed, targeting 40% non-fossil energy use by mid-2027. The ethanol project is delayed to October 2026 but poses no material financial impact.