IFB Industries Ltd

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BSE Code: 505726       NSE Code: IFBIND

Business Profile
Business Profile
IFB Industries (IFBINDUS) produces fine blanking tools, press tools and fine blanked components that are needed by precision engineering industries. In addition, the company has installed or acquired facilities for producing several other products like FHP motors and microwave ovens. The company also produces fully automatic washing machines.

Its plants are located at different locations in West Bengal, Bangalore, Goa and Bhopal.
The company`s facilities in Kolkata and Bangalore have been certified under ISO 9001 and ISO 9002 respectively and also under QS9000. The company has been incurring heavy losses and its net worth has been eroded several times over. BIFR has declared it a sick company.

The company`s registered office is in Kolkata and Bijon Nag is the founder and its chairman.

Financials
IFB Industries posted a net profit of Rs 352.6 million for the year ended Mar. 31, 2007 on sales of Rs 3247.5 million. Total income for the year stood at Rs 3361.4 million. During the year, the company posted an EPS of Rs 20.2.

Recent Developments
30-JUN-07
The Board has decided to delist from Calcutta Stock Exchange Association, subject to approval of the shareholders of the company.


Other Information
Annual Reports for IFB Industries Ltd
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2020-21
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1999-00
1996-97

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