Indian Metals & Ferro Alloys Limited has informed the Exchange regarding Appointment of Mrs Latha Ravindran as Non- Executive Independent Director of the company w.e.f. July 23, 2025.
IMFA · price
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IMFA's Board approved audited standalone and consolidated financial results for Q4 and FY ended 31 March 2025. Standalone FY25 revenue from operations stood at Rs 2,564.57 crore (down from Rs 2,780.17 crore), while profit for the year rose to Rs 378.09 crore from Rs 363.69 crore, with EPS of Rs 70.08. The Board recommended a final dividend of Rs 2 per share (20%) subject to shareholder approval. Mrs Latha Ravindran was re-appointed as Non-Executive Independent Director for a second 5-year term, and Ms Kiran Dhingra was appointed as an Additional Independent Director. The company also approved the incorporation of a new wholly owned subsidiary, 'Metallix Aviation Private Limited', and appointed new secretarial and cost auditors.
Shareholders stand to benefit from a stable 20% final dividend despite a slight dip in full-year revenue. The new WOS in aviation and addition of independent directors suggest strategic diversification and continued governance strengthening, with no negative governance signals. Q4 profit before tax saw a notable YoY decline (Rs 63.23 crore vs Rs 118.08 crore), which may draw short-term investor attention.