Ramkrishna Forgings Q3: Revenue Up, Profit Down Due to Exceptional Item
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CNBC Awaaz•27-01-2026, 17:03
Ramkrishna Forgings Q3: Revenue Up, Profit Down Due to Exceptional Item
- •Ramkrishna Forgings, a BSE 500 auto component company, announced its Q3 December results after market close.
- •The company's revenue increased by 2.3% to ₹1,098.5 crore, up from ₹1,073.7 crore year-on-year.
- •Net profit declined by 35.4% to ₹13.5 crore, compared to ₹20.9 crore in the same quarter last year.
- •The profit drop was primarily due to an exceptional item of ₹10.43 crore related to new labor codes.
- •EBITDA saw a strong growth of 29.5% to ₹163.3 crore, with the EBITDA margin improving to 14.9%.
Why It Matters: Ramkrishna Forgings saw revenue growth and strong operational performance, but profit fell due to a one-time exceptional expense.
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