IFGL Refractories Ltd Announces FY 23 Financial Results

Following a meeting of the Board of Directors, the financial results for the year ended on 31st March 2023 have been approved and taken on record (both on a stand-alone and consolidated basis). The results have been audited by IFGL’s Statutory Auditors, M/s S R Batliboi & Co. LLP and reviewed by our company’s Audit Committee.

In accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR), a copy of the following reports dated 27 May 2023 have been submitted, without any modified opinion:

• Audited standalone financial results for quarter/year ended on 31st March, 2023
• Audited consolidated financial results for quarter/year ended on 31st March, 2023
• Extract of Audited consolidated financial results for qua1ter/year ended on 31st March, 2023 being published in newspapers following Regulation 47(l)(b) of LODR

The IFGL Board has also resolved to recommend payment of Final Dividend of 70% (Rs 7 per Equity Share of Rs 10 each face value) for FY 2022-23, subject to necessary approvals/permissions including shareholders of the company at the ensuing Annual General Meeting.