Indian Metals & Ferro Alloys Limited — Dividend/Bonus, 21-05-2025: Dividend

Indian Metals & Ferro Alloys has announced a board meeting to approve the financial results for the quarter and half-year. Revenue dipped slightly to ₹2564.57 Cr, while net profit rose to ₹378.09 Cr, with EPS improving to ₹70.08. The board proposed a final dividend of ₹2 per share, offering steady returns pending shareholder approval. Key leadership updates include the re-appointment of an Independent Director and a new addition to the board. The company also approved a wholly-owned aviation subsidiary and completed the merger of its coal subsidiary, advancing its renewable power initiatives.