All Q2 FY27 results →
IM

Indian Metals & Ferro Alloys Ltd

Q2 FY27Ferrous Metals

Indian Metals & Ferro Alloys Q2 Results 2026 (FY27): Revenue ₹968.17 Cr, PAT ₹148.77 Cr

Q2 FY27 results statement: what the company reported on revenue, margins and capex.

Price₹1,126
Market cap₹6.1K Cr
P/E11.6
Updated4 Nov 2026
Read3 min read

Get Indian Metals & Ferro Alloys Ltd's next results in your feed

Based on Indian Metals & Ferro Alloys Ltd's Q2 FY27 results statement. The company has not published an earnings-call transcript for this quarter, so figures here are what the results statement reports, not management guidance.

The short version

Q2 FY27 Revenue from Operations: ₹968.17 crore, up 34.72% YoY from ₹718.65 crore in Q2 FY26 (Page 37). Q2 FY27 Financials:.

From Indian Metals & Ferro Alloys Ltd's Q2 FY27 earnings-call transcript · updated 4 Nov 2026.

How did Indian Metals & Ferro Alloys' revenue grow in the September 2026 quarter?

  • Q2 FY27 Revenue from Operations: ₹968.17 crore, up 34.72% YoY from ₹718.65 crore in Q2 FY26 (Page 37).
  • Highest ever quarterly ferro chrome production: 86,652 MT in Q2 FY27 (Page 31).
  • Quarterly ferro chrome production volumes: 65,671 MT (Q2 FY26), 80,690 MT (Q1 FY27), and 86,652 MT (Q2 FY27) (Page 33).
  • Quarterly ferro chrome sales volumes: 69,765 MT (Q2 FY26), 79,268 MT (Q1 FY27), and 81,998 MT (Q2 FY27) (Page 33).

What happened to Indian Metals & Ferro Alloys' margins in Q2 FY27?

See what Indian Metals & Ferro Alloys Ltd said on profitability & margins — free account, 30 seconds.

What capex is Indian Metals & Ferro Alloys planning?

  • Ferro Chrome Capacity Expansion: Increasing from 284k TPA to 534k TPA by FY28; Sukinda underground mining expansion targeted for completion by FY31.
  • KNR-1 Greenfield Project: 100,000 TPA ferro chrome project at Kalinganagar; production commenced August 25, 2026; second furnace commissioning by November 2026.
  • KNR-2 Acquisition: Fully integrated with four furnaces operational; produced ~35,000 MT in H1 FY27.
  • Mining Expansion: Approved for 1.2 Mn TPA ore capacity, backed by ₹1,000 crore investment aligned to future ferrochrome production targets.
  • Ethanol Project: 120 KLD ethanol facility in final mechanical erection stage; trial run starting mid-November 2026; commissioning expected January 2027.

2 more points from Indian Metals & Ferro Alloys Ltd's call on capex

Create a free account to keep reading this call

Top-ranked in Ferrous Metals

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 1
2Jindal Steel
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 3Mar 2
5
Rev 3Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Is Indian Metals & Ferro Alloys raising money or cutting debt?

See what Indian Metals & Ferro Alloys Ltd said on fundraising & capital structure — free account, 30 seconds.

How big is Indian Metals & Ferro Alloys' order book?

See what Indian Metals & Ferro Alloys Ltd said on order book & pipeline — free account, 30 seconds.

Indian Metals & Ferro Alloys Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Indian Metals & Ferro Alloys Ltd Q2 FY27 results — key figures

Indian Metals & Ferro Alloys Ltd Q2 FY27 reported results vs year-ago quarter, ₹ crore
₹ CrQ2 FY27
Revenue968
Operating profit (EBITDA)235
Operating margin24.3%
Profit before tax199
Net profit (PAT)148
EPS (₹)27.37

Source: Indian Metals & Ferro Alloys Ltd's results filing to NSE (consolidated), ₹ crore.

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹968 Cr, net profit ₹148 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Ferrous Metals this season

  • Sandur Manganese (Q2 FY27)

    Steel: 1.12 Lakh Tonne, +11% YoY . Key investor presentation takeaways from Sandur Manganese & Iron Ores Ltd's Q2 FY27 investor presentation — and how it ranks

  • Sarda Energy (Q2 FY27)

    1,453 Cr, down 5% YoY from Rs. Key investor presentation takeaways from Sarda Energy & Minerals Ltd's Q2 FY27 investor presentation — and how it ranks against s

  • Steel Authority of India Ltd (Q2 FY27)

    Capex of around INR 1 lakh crores planned over 4 years to increase capacity from 20 to 35 million tons across 4 plants. Key concall takeaways from Steel…

  • Vedanta Iron & Steel (Q2 FY27)

    Q2 FY27 Revenue:** ₹2,788 crore, down 2% YoY (Page 8) . Key investor presentation takeaways from Vedanta Iron & Steel Ltd's Q2 FY27 investor presentation — and

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Indian Metals & Ferro Alloys Ltd and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Indian Metals & Ferro Alloys Ltd Q2 FY27 results?

Q2 FY27 Revenue from Operations: ₹968.17 crore, up 34.72% YoY from ₹718.65 crore in Q2 FY26 (Page 37). Q2 FY27 Financials:.

What is Indian Metals & Ferro Alloys Ltd share price analysis?

Indian Metals & Ferro Alloys Ltd currently shows a neutral. The stock trades at a P/E of 11.6 with a market cap of ₹6,077 Cr. Investors should review the full earnings analysis for detailed insights.

Is Indian Metals & Ferro Alloys Ltd planning capital expenditure?

Ferro Chrome Capacity Expansion: Increasing from 284k TPA to 534k TPA by FY28; Sukinda underground mining expansion targeted for completion by FY31.

Keep Indian Metals & Ferro Alloys Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's results statement. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.