Following are excerpts from a Pragativadi report:

The Indian Metals & Ferro Alloys Ltd (IMFA) has posted its highest-ever turnover of Rs 593.53 crore during 2006-07, registering an increase of 26.67 per cent over the previous year.

… the turnover included export earnings of Rs 317.74 crore, that went up by 48.52 percent. The improved operational performance, coupled with higher product prices, resulted in PBIDT increasing by 45.48 per cent to Rs 140.53 crore.

… the company produced a record 130,563 tonnes of ferro chrome during the year, including the tonnage sourced under a conversion contract with an associate company as it shifted focus away from ferro silicon, the output of which declined by 19.39 percent to 30,796 tonnes.

… financial closure had been achieved for a 30 MW dual-fuel power plant at Choudwar that is expected to be operational in 18 months. This will take total power generation capacity to 138 MW, …