Categories Earnings, Industrials

Rolex Rings Ltd Q4FY23 results out, revenue grows by 4%

Rolex Rings is a leading manufacturer of forged and machined components in India and is one of the top 5 forging companies in India. The company is a Global supplier of hot rolled forged, machined bearing rings and automotive components for various segments of vehicles, Industrial Machinery, Wind Turbines and Railways.

  • Rolex Rings Ltd reported Total revenue for Q4 FY23 of ₹299 Crore, up from ₹288 Crore year on year depicting a growth of 4%.
  • Total Expenses for Q4 FY23 of ₹243 Crore up, from ₹233 Crore year on year, a growth of 4%. 
  • Consolidated Net Profit of ₹46 Crore, up 18% from ₹39 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹17.04, up 19% from ₹14.34 in the same quarter of the previous year.

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