One of the top five forging firms in India, Rolex Rings is a major producer of forged and machined components. The business supplies hot-rolled, forged, machined bearing rings, automotive components, industrial machinery, wind turbines, and railways for a variety of vehicle sectors.
Financial Results:
Rolex Rings Ltd.’s revenue in Q3FY23 rose 27% to ₹ 3,083 millions. Consolidated Profit After Tax came at ₹ 528 millions in Q3FY23. In this quarter’s results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3Y23.