19 Jan 2022 , 12:12 PM
Ramkrishna Forgings Limited (RKFL) is one of India’s leading forging companies has reported its financial results for the quarter and 9M ended December 31, 2021.
Key Highlights:
We continue to look for new opportunities in both auto and non-auto industries along with focusing on increasing our export revenues which should result in sustainabie improvement in profitability.
With strong demand, likely improvement in capacity utilization, the addition of new contracts and disciplined cash management .
We target RKFL to be net debt free Company in next three years with further improvement in our performance in upcoming period."
At around 12:04 PM, Ramkrishna Forgings was trading at Rs1,017.05 per share up by Rs6.3 or 0.62% on the BSE.
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