IMFA Targets Record 3.8 Lakh Tonnes Output In FY27; FY28 Guidance Intact! | Business News | ET Now
ET Now · 05 Nov 2026 · 7 min
Management interview of Indian Metals & Ferro Alloys Ltd (IMFA), with 10 key numbers discussed.
- Subhrakant Panda, Managing Director, Indian Metals & Ferro Alloys Ltd
Indian Metals & Ferro Alloys reported strong Q2FY27 performance driven by volume additions and firm ferrochrome prices, with EBITDA at Rs 28,000 per tonne. Output is expected to cross 100,000 tonnes for the first time in Q3FY27 as its second furnace commissions soon. Management maintained FY27 volume guidance at 3,80,000 tonnes and FY28 guidance at 4,75,000 tonnes. While metallurgical coke and royalty costs have risen, fully captive chrome ore mines insulate the company from pricing shocks.