IFGL Q1 2016 results
Published: Monday, 16 May 2016
India's IFGL Refractories Ltd, the specialised refractories producer, today released its FY2015 results, which demonstrate the impact of the steel slowdown.
Income down 9% on 2015, at Indian rupee (INR) 722 crore
($108m*) EBITDA** down 12% at INR 87 crore ($13m) Pointed to a
downbeat World Steel Association (worldsteel) forecast for
2016, adding that "on a positive note, some emerging economies