IFGL Refractories Limited

NSE: IFGLREFRAC | BSE: 532133 | ISIN: INE023B01012 | Industry: Other Industrial Goods
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Karvy
Business Momentum Continued Despite Demonetisation: As small and medium units dependent on off-the-shelf products were impacted initially when demonetisation was announced; nevertheless activity reachingnormalcy. During Q3FY17, consolidated revenues reaching to Rs.1,830mn higher by 7.1% on YoY basis and lower by 5.2% sequentially. Standalone revenues reached to Rs.937mn which is a growth of 30.8% and 14.6% on YoY and QoQ basis respectively.
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