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ferro alloys corp ltd (500141) Details

Ferro Alloys Corporation Limited produces and sells ferro alloys for the manufacture of steel and stainless steel worldwide. It is also involved in the mining and exploration of chrome ore in the state of Odisha, which is used for the production of charge chrome/high carbon ferro chrome. In addition, the company engages in the generation and supply of power. It exports its products to various countries, such as China, Germany, Korea, Japan, Italy, the Netherlands, Taiwan, Turkey, and the United States. Ferro Alloys Corporation Limited was founded in 1955 and is headquartered in Tumsar, India.

945 Employees
Last Reported Date: 08/9/12
Founded in 1955

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ferro alloys corp ltd (500141) Key Developments

Ferro Alloys Corp. Ltd., Board Meeting, Jul 03, 2014

Ferro Alloys Corp. Ltd., Board Meeting, Jul 03, 2014. Agenda: To approve availing finance facility for general corporate purposes.

Ferro Alloys Corp. Ltd. Announces Audited Standalone Earnings Results for the Fourth Quarter and Audited Standalone and Consolidated Earnings Results for the Full Year Ended March 31, 2014

Ferro Alloys Corp. Ltd. announced audited standalone earnings results for the fourth quarter and audited standalone and consolidated earnings results for the full year ended March 31, 2014. For the quarter, on standalone basis, the company reported net sales of INR 1,538.811 million against INR 1,450.269 million a year ago. Profit from operations before other income, interest and exceptional items was INR 103.477 million against INR 123.341 million a year ago. Profit from ordinary activities before tax was INR 69.800 million against INR 103.480 million a year ago. Net profit for the period was INR 58.753 million against INR 117.301 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.32 against INR 0.63 a year ago. For the full year, on standalone basis, the company reported net sales of INR 6,326.291 million against INR 5,178.713 million a year ago. Profit from operations before other income, interest and exceptional items was INR 563.788 million against INR 420.409 million a year ago. Profit from ordinary activities before tax was INR 429.657 million against INR 309.459 million a year ago. Net profit for the period was INR 313.629 million against INR 257.912 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 1.69 against INR 1.39 a year ago. For the full year, on consolidated basis, the company reported net sales of INR 6,334.612 million against INR 5,188.833 million a year ago. Profit from operations before other income, interest and exceptional items was INR 501.489 million against INR 261.908 million a year ago. Loss from ordinary activities before tax was INR 48.414 million against INR 168.378 million a year ago. Net loss for the period was INR 164.442 million against INR 219.925 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 0.53 against INR 0.79 a year ago.

Ferro Alloys Corp. Ltd., Board Meeting, May 29, 2014

Ferro Alloys Corp. Ltd., Board Meeting, May 29, 2014. Agenda: To consider and approve audited results.

 

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