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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 in India. The company is also involved in the mining and exploration of chrome ore, which is used in the production of charge chrome/high carbon ferro chrome. In addition, it generates and supplies thermal power. The company also exports its products to various countries, such as China, Japan, Korea, Indonesia, Taiwan, the Netherlands, Germany, Italy, Canada, 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 Corporation Ltd Announces the Demise of S. B. Mishra, Independent Director

Ferro Alloys Corporation Ltd. announced that Mr. S. B. Mishra, an Independent Director on the Board of the Company passed away on August 12, 2016. Consequent to his demise, Mr. Mishra has ceased to be a director in the Company with effect from August 12, 2016, as aforesaid.

Ferro Alloys Corp. Ltd., Annual General Meeting, Sep 28, 2016

Ferro Alloys Corp. Ltd., Annual General Meeting, Sep 28, 2016, at 12:00 Indian Standard Time. Location: D.P. Nagar, Randia - 756135 Distt. Bhadrak Odisha India Agenda: To adopt audited financial statements, directors and auditors report for the year ended March 31, 2016; to reappoint director; to appoint statutory auditors and to fix their remuneration; and to ratify cost auditors' remuneration.

Ferro Alloys Corporation Ltd. Announces Unaudited Standalone Earnings Results for the First Quarter Ended June 30, 2016

Ferro Alloys Corporation Ltd. announced unaudited standalone earnings results for the first quarter ended June 30, 2016. For the quarter, on standalone basis, the company reported net sales of INR 1,270.315 million against INR 1,528.702 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 6.751 million against INR 116.625 million a year ago. Loss from ordinary activities before tax was INR 28.693 million against profit from ordinary activities before tax of INR 101.441 million a year ago. Net loss for the period was INR 14.374 million or INR 0.08 basic and diluted per share before and after extraordinary items against net profit of INR 72.205 million or INR 0.39 basic and diluted per share before and after extraordinary items a year ago.

 

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