Iron & Steel Products company Indian Metals & Ferro Alloys announced Q2FY26 results Revenue: Rs 718.65 crore compared to Rs 691.92 crore during Q2FY25. EBITDA: Rs 138.34 crore compared to Rs 170.51 crore during Q2FY25. PAT: Rs 98.77 crore compared to Rs 125.72 crore during Q2FY25. Exports: Rs 603.96 crore compared to Rs 652.97 crore during Q2FY25. Subhrakant Panda, Managing Director, IMFA, said: “I am delighted to announce this transformational acquisition which will fast track our expansion plans. Along with our ongoing greenfield expansion, it will take total installed capacity beyond 0.5 million tonnes enabling us to increase our market share with a particular focus on domestic sales at a time when demand for ferro chrome is increasing due to India’s rapid economic growth.” “We are committed to creating value for stakeholders and, building on the strong foundation of a fully integrated business model, will work to realise cost savings and operational synergies which will have a positive impact on the bottom line. Further, the acquisition is being funded from internal accruals which speaks to the strength of the Balance Sheet.” “Ferro Chrome prices moved up noticeably towards the end of the second quarter due to elevated chrome ore costs for non-integrated producers and a sharp cutback in output in South Africa. This is partially reflected in the current results, and we expect to see the full impact in the ongoing quarter with the increase in benchmark as well as higher spot prices.” Result PDF