Chennai Ferrous Industries

Chennai Ferrous Industries Limited, incorporated in 2010, is a company primarily engaged in the business of trading coal. The company strategically shifted its business from manufacturing Sponge Iron to coal trading due to sluggish demand and other market imbalances. Its core focus is on the coal trading business, anticipating rising demand as India's industrial and domestic consumption grows. In addition to coal trading, the company generates lease rental revenues by renting out its Sponge Iron manufacturing facility. The organization is committed to its employees and undertakes periodic skill upgradation through appropriate workforce training programs. The company's total revenue from operations for the fiscal year ending March 2024 stood at ₹1,36,42,29,437.;