# IMFA Q2 net profit jumps 51%, declares Rs 5 interim dividend 2026-11-05T00:46:53+00:00 | Governance | Indian Opinion Desk Corroboration: 3 independent outlets Indian Metals & Ferro Alloys (IMFA) reported a 50.6 to 51.4% year-on-year rise in consolidated net profit to Rs 148.77 crore (Business Today, Business Standard) or Rs 147.76 crore (LiveMint) for the September quarter of FY27, driven by higher production and sales following capacity addition. Revenue rose 34.7% to Rs 968.17 crore. The company declared an interim dividend of Rs 5 per share, with Thursday, 12 November fixed as the record date for eligibility, payment will be made on or before 3 December, 2026. EBITDA stood at around Rs 235 crore, and the EBITDA margin expanded to 24.3% from 19.2% a year earlier. Exports contributed about 84% of quarterly revenue, reaching Rs 817.54 crore. The Kalinganagar greenfield project, inaugurated by Chief Minister Mohan Charan Majhi on 14 October, has raised total installed ferrochrome capacity to 534,000 tonnes annually. Commissioning of the second furnace has begun, with hot metal tapping expected shortly. The board also approved a capex of Rs 375 crore to boost chrome ore production and develop low-carbon ferrochrome capacity. ## Indian Opinion Analysis Indian Metals & Ferro Alloys reported a 50.62% to 51.4% year-on-year rise in September-quarter net profit, with Business Today and Business Standard citing Rs 148.77 crore and LiveMint Rs 147.76 crore. All three outlets led with the profit jump and the Rs 5 interim dividend, but LiveMint added a sequential profit decline of 23.3%, a detail the other two omitted. Business Standard offered the deepest operational breakdown, including production, sales, and export figures, while Business Today and LiveMint focused on stock performance and dividend dates. The divergence is minor: two sources present a straightforward earnings story with uniform wire-copy details, and one includes a quarter-on-quarter context that tempers the headline growth. A reader gets the sharpest picture from LiveMint's sequential comparison or Business Standard's full operational table. The next concrete item is the Thursday, 12 November record date for the dividend. ## Coverage Coverage: 3 sources, 3 neutral - businesstoday.in (neutral report) Straight earnings report with stock data - business-standard.com (neutral report) Deep operational and export breakdown - livemint.com (neutral report) Leads annual profit but adds sequential decline This brief was synthesised by AI from the 3 sources linked above, so one read covers every framing they carry. Tags: IMFA, Indian Metals and Ferro Alloys, Kalinganagar, Mohan Charan Majhi, Q2 earnings Canonical: https://indianopinion.org/imfa-q2-net-profit-jumps-51-declares-rs-5-interim-dividend/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/imfa-q2-net-profit-jumps-51-declares-rs-5-interim-dividend/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/