Ramkrishna Forgings Q2 FY27 Revenue Jumps 55% to ₹1,405 Cr
Ramkrishna Forgings Limited reported a strong Q2 FY27 with consolidated revenues soaring 55% year-on-year to ₹1,405 crore. Profit After Tax (PAT) stood at ₹71 crore, a significant turnaround from a loss of ₹10 crore in the same quarter last year. For the first half of FY27, revenues reached ₹3,262 crore with PAT of ₹117 crore. The company highlighted the nearing commercial production of its forged wheels facility, a joint venture with Titagarh Rail Systems, which is expected to be a long-term growth driver. Promoters infused ₹150 crore through warrant conversion, strengthening the balance sheet. Ramkrishna Forgings is also expanding into non-ferrous forgings for high-technology sectors like Aerospace and Semiconductors.
Key Highlights
- Q2 FY27 revenue surged 55% YoY to ₹1,405 crore.
- PAT turned positive at ₹71 crore in Q2 FY27, from a loss last year.
- Forged wheels JV near commercial production, a new growth driver.
- Promoters infused ₹150 crore via warrant conversion.
- Expanding into non-ferrous forgings for high-tech applications.
Price Impact
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