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    IFBAGRO   INE076C01018

IFB AGRO INDUSTRIES LIMITED

(IFBAGRO)
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IFB Agro Industries Limited Announces Closure of Production and Office Operations

03/23/2020 | 05:54am EDT

IFB Agro Industries Limited has been taking all recommended precautions in its operations against the spread of COVID-19, which includes sanitization and hygiene, temperature checks, maximizing video-conferencing and minimizing contact closing employee travel, health and distancing advisories to employees and following all government directions on the subject. The company now announced that as a next step, the Government policy requires closure of production and accordingly the company has taken a decision on closure of production and office operations. The duration of closure of production and office operations will depend upon Government policy.


ę S&P Capital IQ 2020
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Financials
Sales 2021 7 015 M 93,7 M 93,7 M
Net income 2021 464 M 6,19 M 6,19 M
Net cash 2021 1 198 M 16,0 M 16,0 M
P/E ratio 2021 8,15x
Yield 2021 -
Capitalization 5 928 M 79,1 M 79,2 M
EV / Sales 2020 0,13x
EV / Sales 2021 0,37x
Nbr of Employees 421
Free-Float 19,2%
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Managers and Directors
Arup Kumar Banerjee Vice Chairman & Managing Director
Rahul Choudhary Chief Financial Officer
Bijon Nag Non-Executive Chairman
Bikramjit Nag Joint Executive Chairman
Goutam Bhattacharya Vice President-Information Technology
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