Balasore Alloys

Balasore Alloys Ltd, a prominent ferroalloy manufacturer, has made a remarkable turnaround in its financial performance, reporting a net profit of Rs 54.07 crore for the fiscal year 2024-25, following a loss of Rs 46.19 crore the previous year. Despite a slight dip in total sales, which amounted to Rs 1,010 crore in FY25 compared to Rs 1,200 crore in FY24, the company attributes its profitability to strategic recalibration and operational improvements.

Balasore Alloys Ltd, a key player in the ferroalloys sector, reported a net loss of Rs. 4.6 crore for the March 2025 quarter, reversing from a profit of Rs. 30 crore in the same period last year. The quarterly loss was attributed to market volatility and geopolitical disruptions affecting global commodity prices. Nevertheless, the company posted a full-year net profit of Rs. 54.07 crore, marking a strong recovery from the Rs. 46.19 crore loss in FY24.