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Ramkrishna Forgings Ltd Q2FY24; 22% rise in Profits

Ramkrishna Forgings Ltd is primarily engaged in manufacturing and sale of forged components of automobiles, railway wagons & coaches and engineering parts. It is the 2nd largest forging player in India.

Financial Results:

Ramkrishna Forgings Ltd reported Revenues for Q2FY24 of ₹981.00 Crores up from ₹824.00 Crore year on year, a rise of 19.05%.

Total Expenses for Q2FY24 of ₹876.00 Crores up from ₹728.00 Crores year on year, a rise of 20.33%.

Consolidated Net Profit of ₹82.00 Crores up 22.39% from ₹67.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.13, up 22.14% from ₹4.20 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.

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