Ferro Alloys Corporation is currently trading at Rs. 4.15, down by 0.10 points or 2.35% from its previous closing of Rs. 4.25 on the BSE.The scrip opened at Rs. 4.25 and has touched a high and low of Rs. 4.34 and Rs. 4.12 respectively. So far 32316 shares were traded on the counter.The BSE group `X` stock of face value Rs. 1 has touched a 52 week high of Rs. 7.50 on 08-Aug-2018 and a 52 week low of Rs. 2.91 on 19-Feb-2019.Last one week high and low of the scrip stood at Rs. 4.48 and Rs. 4.11 respectively. The current market cap of the company is Rs. 76.89 crore.The promoters holding in the company stood at 72.83%, while Institutions and Non-Institutions held 0.03% and 27.14% respectively.Ferro Alloys Corporation has suspended the mining work at the company’s Ostapal Chromite Mines and Kalarangiatta Chromite mines due to additional payment sought by the contractor beyond the terms of the contract. Alternative arrangements are being made to resume the work at the earliest. The company has adequate ore to ensure continued production of Ferro-Chrome for the present.Ferro Alloys Corporation is one of India`s largest and most established producers and exporters of High Carbon Ferro Chrome/Charge Chrome worldwide, an essential ingredient for the manufacture of steel and stainless steel.

Revenue showed a marginal decline at Rs. 1399.29 millions. For the quarter ended September 2018, as compared to corresponding quarter of last year.The Total Profit for the quarter ended September 2018 of Rs. 85.99 millions grew from Rs.-19.03 millionsOP of the company witnessed a marginal growth to 166.67 millions from 1.77 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201703 201603 % Var Sales 1399.29 1431.31 -2.24 7216.85 9203.42 -21.59 6114.42 5693.34 7.40 Other Income 12.16 19.27 -36.90 328.75 340.47 -3.44 56.63 56.79 -0.28 PBIDT 166.67 1.77 9316.38 1087.37 1094.27 -0.63 557.45 146.66 280.10 Interest 23.32 20.09 16.08 126.26 205.34 -38.51 152.01 178.86 -15.01 PBDT 143.35 -18.32 -882.48 961.11 888.93 8.12 405.44 -32.20 -1359.13 Depreciation 14.45 14.32 0.91 71.82 92.62 -22.46 54.33 46.77 16.16 PBT 128.90 -32.64 -494.91 889.31 796.32 11.68 351.11 -78.97 -544.61 TAX 42.91 -13.62 -415.05 229.53 234.31 -2.04 149.43 -37.66 -496.79 Deferred Tax 15.16 -0.70 -2265.71 44.59 -3.31 -1447.13 0.00 0.00 0.00 PAT 85.99 -19.03 -551.87 659.77 562.02 17.39 201.68 -41.31 -588.21 Equity 185.27 185.27 0.00 185.27 185.27 0.00 185.27 185.27 0.00 PBIDTM(%) 11.91 0.12 9528.94 15.07 11.89 26.72 9.12 2.58 253.92

The revenue for the June 2018 quarter is pegged at Rs. 1529.72 millions, about 5.67% up against Rs. 1447.65 millions recorded during the year-ago period.Profit after Tax for the quarter ended June 2018 saw a decline of -70.07% from Rs. 380.56 millions to Rs. 113.89  millions.A decline of 222.97 millions was observed in the OP in the quarter ended June 2018 from 522.91 millions on QoQ basis. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201703 201603 % Var Sales 1529.72 1447.65 5.67 5817.55 7772.11 -25.15 6114.42 5693.34 7.40 Other Income 14.44 264.56 -94.54 316.59 321.20 -1.44 56.63 56.79 -0.28 PBIDT 222.97 522.91 -57.36 920.70 1092.50 -15.73 557.45 146.66 280.10 Interest 26.29 28.89 -9.00 102.94 185.25 -44.43 152.01 178.86 -15.01 PBDT 196.68 494.03 -60.19 817.76 907.25 -9.86 405.44 -32.20 -1359.13 Depreciation 14.30 14.35 -0.35 57.37 78.30 -26.73 54.33 46.77 16.16 PBT 182.38 479.70 -61.98 760.41 828.96 -8.27 351.11 -78.97 -544.61 TAX 68.49 99.14 -30.92 186.62 247.93 -24.73 149.43 -37.66 -496.79 Deferred Tax 29.21 -3.49 -936.96 23.23 -2.61 -990.04 0.00 0.00 0.00 PAT 113.89 380.56 -70.07 573.78 581.05 -1.25 201.68 -41.31 -588.21 Equity 185.27 185.27 0.00 185.27 185.27 0.00 185.27 185.27 0.00 PBIDTM(%) 14.58 36.12 -59.65 15.83 14.06 12.59 9.12 2.58 253.92

The sales for the December 2017 quarter moved down to Rs. 1408.88 millions as compared to Rs. 1513.18 millions during the year-ago period.Net profit surges 65.59% to Rs. 98.36  millions  from Rs. 59.40 millions in the quarter ended December 2017.Operating profit for the quarter ended December 2017 rose to 173.05 millions as compared to 137.40 millions of corresponding quarter ended December 2016. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 1408.88 1513.18 -6.89 4287.83 4237.39 1.19 6114.42 5693.34 7.40 Other Income 18.32 16.62 10.23 302.15 26.88 1024.07 56.63 56.79 -0.28 PBIDT 173.05 137.40 25.95 697.73 192.87 261.76 557.45 146.66 280.10 Interest 27.67 42.65 -35.12 76.65 118.28 -35.20 152.01 178.86 -15.01 PBDT 145.37 94.74 53.44 621.08 74.58 732.77 405.44 -32.20 -1359.13 Depreciation 14.40 16.29 -11.60 43.07 50.76 -15.15 54.33 46.77 16.16 PBT 130.97 78.45 66.95 578.03 23.81 2327.68 351.11 -78.97 -544.61 TAX 32.61 19.05 71.18 118.13 -8.49 -1491.40 149.43 -37.66 -496.79 Deferred Tax 4.41 26.37 -83.28 -5.98 0.88 -779.55 0.00 0.00 0.00 PAT 98.36 59.40 65.59 459.89 32.31 1323.37 201.68 -41.31 -588.21 Equity 185.27 185.27 0.00 185.27 185.27 0.00 185.27 185.27 0.00 PBIDTM(%) 12.28 9.08 35.27 16.27 4.55 257.51 9.12 2.58 253.92

Ferro Alloys Corporation is locked at upper circuit at Rs. 11.25, up by 0.53 points or 4.94% from its previous closing of Rs. 10.72 on the BSE.The scrip opened at Rs. 11.25 and has touched a high and low of Rs. 11.25 and Rs. 11.25 respectively. So far 52,000 shares were traded on the counter.The BSE group `XT` stock of face value Rs. 1 has touched a 52 week high of Rs. 12.31 on 13-Apr-2017 and a 52 week low of Rs. 4.30 on 27-May-2016.Last one week high and low of the scrip stood at Rs. 11.25 and Rs. 10.41 respectively. The current market cap of the company is Rs. 208.43 crore.The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 0.03% and 24.98% respectively.Ferro Alloys Corporation has received its board’s approval to set up an additional 27 MVA Furnace in its Charge Chrome Plant at D.P. Nagar, Randia, District Bhadrak, Odisha. Once the additional furnace is operations, it would enhance the existing production capacity by 50,000 MT per year thus taking the overall production capacity to about 120,000 MT per annum.The power requirement for operation of the additional Furnace would be met by supply of uninterrupted power from the Captive Power Plant set up by Facor Power (FPL), the Subsidiary of the Company, adjacent to the Charge Chrome Plant, resulting into no transmission loss etc. This will also improve the capacity utilization of the power available from FPL.

The turnover zoomed to Rs. 2165.27 millions, up 57.19% for the March 2017 quarter as against Rs. 1377.45 millions during the year-ago period.The Total Profit for the quarter ended March 2017 of Rs. 168.18 millions grew from Rs.-27.87 millions Operating profit Margin for the quarter ended March 2017 improved to 376.71% as compared to -5.39% of corresponding quarter ended March 2016 (Rs. in Million) Quarter ended Year to Date Year ended 201703 201603 % Var 201703 201603 % Var 201603 201503 % Var Sales 2165.27 1377.45 57.19 6192.60 5788.14 6.99 5693.34 6027.02 -5.54 Other Income 29.76 6.49 358.55 56.64 56.79 -0.26 56.79 34.63 63.99 PBIDT 376.71 -5.39 -7089.05 557.44 146.66 280.09 146.66 460.65 -68.16 Interest 38.08 47.86 -20.43 152.01 178.86 -15.01 178.86 165.48 8.09 PBDT 338.63 -53.25 -735.92 405.43 -32.20 -1359.10 -32.20 295.17 -110.91 Depreciation 13.19 12.38 6.54 54.33 46.77 16.16 46.77 49.56 -5.63 PBT 325.45 -65.62 -595.96 351.11 -78.96 -544.67 -78.97 245.61 -132.15 TAX 157.28 -37.74 -516.75 149.43 -37.66 -496.79 -37.66 54.95 -168.54 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT 168.18 -27.87 -703.44 201.69 -41.29 -588.47 -41.31 190.66 -121.67 Equity 185.27 185.27 0.00 185.27 185.27 0.00 185.27 185.27 0.00 PBIDTM(%) 17.40 -0.39 -4554.25 9.00 2.53 255.26 2.58 7.64 -66.30

Ferro Alloys Corporation has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.

Ferro Alloys Corporation has submitted the Shareholding Pattern for the Period Ended December 31, 2016. The above information is a part of company’s filings submitted to BSE.

Ferro Alloys Corporation has informed that the Extra Ordinary General Meeting (EGM) of the Company will be held on August 30, 2016.The above information is a part of company’s filings submitted to BSE.

Ferro Alloys Corporation has informed about Mining Operations at Boula Chromite Mines.The above information is a part of company’s filings submitted to BSE.

Rai Bahadur Shreeram & Company has submitted the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.The above information is a part of company’s filings submitted to BSE.

Ferro Alloys Corporation has informed about the Standalone Financial Results & a copy of the Limited Review Report for the period ended September 30, 2015.The above information is a part of company’s filings submitted to BSE.