Ramkrishna Forgings standalone net profit rises 295.39% in the March 2018 quarter

Sales rise 56.63% to Rs 440.11 crore

Net profit of Ramkrishna Forgings rose 295.39% to Rs 34.32 crore in the quarter ended March 2018 as against Rs 8.68 crore during the previous quarter ended March 2017. Sales rose 56.63% to Rs 440.11 crore in the quarter ended March 2018 as against Rs 280.98 crore during the previous quarter ended March 2017.

For the full year,net profit rose 766.85% to Rs 94.66 crore in the year ended March 2018 as against Rs 10.92 crore during the previous year ended March 2017. Sales rose 62.95% to Rs 1435.47 crore in the year ended March 2018 as against Rs 880.91 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales440.11280.98 57 1435.47880.91 63 OPM %20.8216.57 -19.8017.92 - PBDT74.7934.63 116 218.6190.99 140 PBT50.1815.50 224 134.2116.26 725 NP34.328.68 295 94.6610.92 767

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