{"id":142895,"date":"2023-02-07T08:08:00","date_gmt":"2023-02-07T13:08:00","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142895"},"modified":"2023-02-27T08:11:34","modified_gmt":"2023-02-27T13:11:34","slug":"rolex-rings-limited-q3fy23-earnings-story","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/rolex-rings-limited-q3fy23-earnings-story\/","title":{"rendered":"Rolex Rings Limited Q3FY23 Earnings Story"},"content":{"rendered":"\n<p>One of the top five&nbsp;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.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p><a href=\"https:\/\/44.250.171.167\/symbol\/rolexrings\/\" target=\"_blank\" rel=\"noreferrer noopener\">Rolex Rings Ltd.<\/a>\u2019s revenue in Q3FY23 rose 27% to \u20b9 3,083 millions. Consolidated Profit After Tax came at \u20b9 528 millions in Q3FY23. In this quarter\u2019s&nbsp;<a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/f6abcabc-4bd7-4054-9ff9-bca91802cd41.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">results<\/a>, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3Y23.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the top five&nbsp;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.\u2019s revenue in Q3FY23 rose 27% to \u20b9 3,083 millions. [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":134544,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5753,6352],"tags":[11392,8202],"class_list":["post-142895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-industrials","category-research-summary","tag-forging","tag-machinery"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":155895,"url":"https:\/\/alphastreet.com\/india\/rolex-rings-ltd-q2fy24-4-fall-in-profits\/","url_meta":{"origin":142895,"position":0},"title":"Rolex Rings Ltd Q2FY24; 4% fall in Profits","author":"Chirag Gupta","date":"November 7, 2023","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-94.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-94.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-94.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-94.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-94.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-94.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":161394,"url":"https:\/\/alphastreet.com\/india\/rolex-rings-ltd-q4fy24-48-fall-in-profits\/","url_meta":{"origin":142895,"position":1},"title":"Rolex Rings Ltd Q4FY24; 48% fall in Profits","author":"Chirag Gupta","date":"May 20, 2024","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-148.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-148.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-148.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-148.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-148.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-148.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":147311,"url":"https:\/\/alphastreet.com\/india\/rolex-rings-ltd-q4fy23-results-out-revenue-grows-by-4\/","url_meta":{"origin":142895,"position":2},"title":"Rolex Rings Ltd  Q4FY23 results out, revenue grows by 4%","author":"Chirag Gupta","date":"May 25, 2023","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":158245,"url":"https:\/\/alphastreet.com\/india\/rolex-rings-ltd-q3fy24-30-fall-in-profits\/","url_meta":{"origin":142895,"position":3},"title":"Rolex Rings Ltd Q3FY24; 30% fall in Profits","author":"Chirag Gupta","date":"February 1, 2024","format":false,"excerpt":"Rolex Rings is a leading manufacturer of forged and machined components in India and is one of the top 5 forging companies in India. 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Consolidated Profit After Tax came at \u20b9 528 millions in Q3FY23. In this quarter\u2019s\u00a0results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3Y23.","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-ROLEXRINGS.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-ROLEXRINGS.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-ROLEXRINGS.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-ROLEXRINGS.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-ROLEXRINGS.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142895"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142895\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/134544"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}