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Ramkrishna Forgings consolidated net profit declines 50.52% in the June 2019 quarter

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Capital Market

Sales decline 5.38% to Rs 400.62 crore

Net profit of Ramkrishna Forgings declined 50.52% to Rs 13.79 crore in the quarter ended June 2019 as against Rs 27.87 crore during the previous quarter ended June 2018. Sales declined 5.38% to Rs 400.62 crore in the quarter ended June 2019 as against Rs 423.42 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales400.62423.42 -5 OPM %18.3620.65 -PBDT53.2769.87 -24 PBT20.6143.07 -52 NP13.7927.87 -51

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First Published: Aug 12 2019 | 3:48 PM IST

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