iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Ramkrishna Forgings jumps after bagging export order

21 Apr 2022 , 11:35 AM

The company announced won an export order with an estimated business value of Rs 33 crore over five years from Europes leading tier-1 axle manufacturer for the front axle business.

Commenting on the order win, Lalit Khetan, executive director & CFO of Ramkrishna Forgings said, ?Recent orders have come from Tier 1 international customers who have proven their trust in our ability to deliver quality products on time. These orders not only increase the visibility of our international business but also strengthen our long-term customer relationships. Our company has performed admirably in both domestic and international markets. We are confident that our company will experience rapid growth in the future as a result of increased capacity and revenue visibility.

Ramkrishna Forgings is primarily engaged in manufacturing and sale of forged components of automobiles, railway wagons & coach and engineering parts.

On consolidated basis, the company reported 206.4% jump in net profit to Rs 45.35 crore on 49.3% increase in net sales to Rs 601.32 crore in Q3 FY22 over Q3 FY21.

Powered by Capital Market – Live News

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.