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Ramkrishna Forgings Ltd Q1FY24; 55% rise in Profits

Ramkrishna Forgings Ltd is primarily engaged in manufacturing and sale of forged components of automobiles, railway wagons & coaches and engineering parts.

Financial Results:

Ramkrishna Forgings Ltd reported Revenues for Q1FY24 of ₹892.00 Crores up from ₹699.00 Crore year on year, a rise of 27.61%.

Total Expenses for Q1FY24 of ₹793.00 Crores up from ₹622.00 Crores year on year, a rise of 27.49%.

Consolidated Net Profit of ₹79.00 Crores up 54.9% from ₹51.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.90, up 52.65% from ₹3.21 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Forging
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