August 18, 2013

IFGL Refractories reported increase in Sales Turnover and Net Profit for the last quarter June 2013

IFGL Refractories has reported a consolidated sales turnover of ₹ 181.39 crores for the last quarter ended June'13. The Net Profit of the company jumped by a whopping 717 per cent which stood at ₹ 14.80 crores at the end of June’13 in comparison to ₹ 1.81 for the previous quarter May’13.

The company reported Operating Profit and Gross Profit ₹ 24.6 crores and ₹ 25.07 crores respectively which indicate an increase of about 160 and 157 per cent respectively for the quarter ended June’13.

EPS (Earning per Share) of IFGL Refractories at ₹ 4.28 also increased considerably during the last quarter.

IFGL Refractories Ltd. (IFGL), an Indian Multinational Refractory Company, is a manufacturer of Specialized Refractories and requisite Operating Systems for the Steel Industry and offers its customers Total Refractory Solution for flow control in Steel Teeming and Continuous Casting of Steel. Besides India, IFGL Refractories has manufacturing facilities in Brazil, China, Czech Republic, Germany, UK and USA.
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