Ramkrishna Forgings shares jump 10 per cent after Q2 results
The Kolkata-headquartered manufacturer reported a consolidated net profit of ₹70.59 crore for the September quarter.
Shares of Ramkrishna Forgings rose 10 per cent on Monday, 2 November, after the company reported a turnaround in its September quarter performance, according to Mint.
The forged metal products manufacturer posted a consolidated net profit of ₹70.59 crore in Q2 FY27, compared to a loss of ₹9.5 crore in the same quarter last year. Revenue from operations increased to ₹1,405.42 crore from ₹907.53 crore in the year-ago period.
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to ₹256.23 crore in Q2 FY27 from ₹122.54 crore in the previous year. For the first half of FY27, consolidated net profit reached ₹117.47 crore from ₹2.29 crore in the corresponding period.
Managing Director Naresh Jalan said domestic demand remained healthy during the September quarter, supported by commercial vehicle production schedules. He added that customer activity across key export markets remained resilient.
Jalan said the company is expanding into non-ferrous forgings, including aluminium, titanium, inconel and nimonic grades, for applications in aerospace, robotics and semiconductors. The company also noted that its forged wheels facility near Chennai is nearing the start of commercial production.
Ramkrishna Forgings operates 20 manufacturing facilities across India and Mexico. As of 30 September 2026, the company had an installed capacity of 3,95,800 metric tonnes.