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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
Ferro Alloys Corporation Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016

Ferro Alloys Corporation Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales of INR 1,423.573 million against INR 1,394.820 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 104.613 million against loss from operations before other income, finance costs and exceptional items of INR 97.476 million a year ago. Profit from ordinary activities before tax was INR 80.025 million against loss from ordinary activities before tax of INR 131.601 million a year ago. Net profit for the period was INR 60.432 million against net loss for the period of INR 100.603 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.33 against basic and diluted loss per share before and after extraordinary items of INR 0.54 a year ago. For the nine months, the company reported net sales of INR 3,973.707 million against INR 4,332.236 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 112.721 million against INR 67.351 million a year ago. Profit from ordinary activities before tax was INR 25.656 million against loss from ordinary activities before tax of INR 13.352 million a year ago. Net profit for the period was INR 33.507 million against net loss for the period of INR 13.432 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.18 against basic and diluted loss per share before and after extraordinary items of INR 0.07 a year ago.

Ferro Alloys Corporation Limited, Board Meeting, Feb 09, 2017

Ferro Alloys Corporation Limited, Board Meeting, Feb 09, 2017, at 11:45 Indian Standard Time. Agenda: To approve the unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016; and to consider the limited review report for the earnings results for the third quarter and nine months ended December 31, 2016.

Ferro Alloys Corporation Limited to Report Q3, 2017 Results on Feb 09, 2017

Ferro Alloys Corporation Limited announced that they will report Q3, 2017 results on Feb 09, 2017

 

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