Iron & Steel Products company Indian Metals & Ferro Alloys announced Q3FY25 results Revenue: Rs 643.22 crore compared to Rs 685.27 crore during Q3FY24. EBITDA: Rs 122.97 crore compared to Rs 158.98 crore during Q3FY24. PAT: Rs 86.13 crore compared to Rs 107.87 crore during Q3FY24. Exports: Rs 568.52 crore comoared to Rs 649.82 during Q3FY24. Subhrakant Panda, Managing Director said: “Commodity markets in general are under pressure due to weak global demand and poor economic data emanating from China. However, we have minimised the impact of softening ferro chrome prices on Q3FY25 results through long term contracts and declining input costs. Further, margins have been bolstered by treasury operations.” “The power supply situation in South Africa seems to have stabilised, there is significant upward pressure on tariffs with ESKOM having proposed a ~36% increase which is under consideration by the Regulator. Pricing pressure on ferro chrome continues in the ongoing quarter and current conditions are unsustainable for nonintegrated producers. However, feedback from customers indicates revival in ferro chrome demand going ahead. As such, taking all things into consideration, the fall in ferro chrome prices has been arrested and we expect an improvement hereon.” Result PDF