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Indian Metals & Ferro Alloys Limited has announced a board meeting outcome which includes the approval of unaudited financial results for the quarter and nine months ended 31st December 2024. The results show a total income of ₹658.92 crore with a profit before tax of ₹116.17 crore. The board declared a 2nd interim dividend of ₹5 per equity share and noted the retirements of Mr. Chitta Ranjan Ray, Whole-time Director, effective 30th January 2025, and Mr. Prem Khandelwal, CFO, effective 7th March 2025. They appointed Mr. Saunak Gupta as the new CFO effective 8th March 2025 and Mr. Smruti Ranjan Ray as Company Secretary effective the same date. The changes in leadership may reflect a strategic shift, potentially fostering a positive outlook for the company as new executives take the helm.