Ramkrishna Forgings Q1 Results: Revenue Up 12%, Meets Estimates

Ramkrishna Forgings Ltd. clocked revenue growth in the first quarter of fiscal 2025, which met analysts' estimates.

Consolidated net profit of the auto components maker rose 3% year-on-year to Rs 81 crore in the quarter-ended June 30, on the back of revenue that gained 12.6% to Rs 1,005 crore, according to an exchange filing on Wednesday. Analysts polled by Bloomberg had estimated the top line at Rs 994 crore and the bottom line at Rs 88 crore.

• Revenue up 12.6% to Rs 1,005 crore (Bloomberg estimate: Rs 994 crore).

• Ebitda up 8.3% to Rs 208 crore.

• Ebitda margin narrowed by 8 bps to 20.7%.

• Net profit up 3% at Rs 81 crore (Bloomberg estimate: Rs 88 crore).

Note: One basis point is one-hundredth of a percentage point.

On Wednesday, shares of Ramkrishna Forgings closed 0.38% down at Rs 885 apiece on the BSE, even as the benchmark Sensex ended the day 0.35% lower.