Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Ramkrishna Forgings Reports Robust Q2FY27 With ₹1,405 Crore Revenue, 55% Growth Year-On-Year, Driven By Strong Demand

Mumbai: Ramkrishna Forgings Limited on October 30, 2026, announced its unaudited financial results for the second quarter and first half of the fiscal year 2027. Financial Performance For the quarter ended September 30, 2026, the company's consolidated revenue from operations was ₹1,405.42 crore, up from ₹907.53 crore in the corresponding quarter last year. Earnings before interest, tax,…

Ramkrishna Forgings Limited reported a robust second quarter and first half of fiscal year 2027, with consolidated revenue from operations reaching ₹1,405.42 crore in Q2FY27, marking a 55% year-on-year increase. EBITDA rose by 109.1% to ₹256.23 crore, with an EBITDA margin of 18.2%, an impressive 473 basis points increase. For the half-year period, revenues reached ₹2,622.09 crore, a 36.4% increase year-on-year, and the profit after tax was ₹117.47 crore, with a PAT margin of 4.5%.

The company's growth is attributed to strong domestic demand, firm commercial vehicle production, and resilient export market activity. Ramkrishna Forgings is also investing in non-ferrous forgings for high-technology applications and has taken steps towards carbon neutrality with a 7.82 MWp solar PV project.

Brief written by urgent.news from Free Press Journal's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at freepressjournal.in →

More in Finance & Markets

More from Saturday 31 October →