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Indian Metals and Ferro Alloys net profit rises to Rs 89 crore in Q2

It had clocked Rs 16.40 crore net profit during the year-ago period, the company said in regulatory filing.

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Indian Metals and Ferro Alloys Ltd reports Rs 89 17 crores consolidated PAT in Q2FY24

Indian Metals and Ferro Alloys Ltd reports Rs 89 17 crores consolidated PAT in Q2FY24
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Indian Metals and Ferro Alloys Ltd updates on provisional compensation order for Utkal C Coal Mines

Indian Metals and Ferro Alloys Ltd updates on provisional compensation order for Utkal C Coal Mines
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Indian Metals & Ferro Alloys zooms 12% as govt vows to pay Rs 417-cr damages

In December 2022, Indian Metals had notified the exchanges that its subsidiary, Utkal Coal Ltd, received Rs 20.69 crore in compensation from the Ministry of Coal for statutory expenses related to the Utkal C coal block, following the issuance of its vesting order to the new allottee.

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Indian Metals shares climb 14% as govt to pay Rs 417 crore in damages

Indian Metals stock surged 13.65% to Rs 443.65 against the previous close of Rs 390.35 on BSE. The stock opened flat at the same level today.

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