Indo-MIM spurts after PAT jumps nearly 32% YoY to Rs 240 crore

Revenue for the period under review added up to Rs 1218.74 crore, up 9.4% year-on-year (YoY).

Total operating expenses increased by 3.2% to Rs 812.23 crore in Q1 FY27 over Q1 FY26. The fall in raw material costs (down 10.9% YoY) was offset by higher employee expenses (up 21% YoY) and higher other expenses (up 17.6% YoY).

Profit before tax in Q1 FY27 stood at Rs 325.29 crore, up by 32.5% from Rs 245.45 crore in Q1 FY26.

Indo-MIM (IML) is one of the world?s largest metal injection moulding (MIM) part manufacturers with 15 manufacturing facilities across India, USA, UK and Mexico. It caters to various segments, including automobile, consumer products, defence, industrial products and medical products. The company is also vertically integrated with plating, heat treatment, grinding, industrial casting and machining capabilities.

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