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Ramkrishna Forgings standalone net profit rises 142.85% in the March 2022 quarter

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Capital Market

Sales rise 31.93% to Rs 683.24 crore

Net profit of Ramkrishna Forgings rose 142.85% to Rs 86.65 crore in the quarter ended March 2022 as against Rs 35.68 crore during the previous quarter ended March 2021. Sales rose 31.93% to Rs 683.24 crore in the quarter ended March 2022 as against Rs 517.88 crore during the previous quarter ended March 2021.

For the full year,net profit rose 638.56% to Rs 206.50 crore in the year ended March 2022 as against Rs 27.96 crore during the previous year ended March 2021. Sales rose 77.38% to Rs 2285.37 crore in the year ended March 2022 as against Rs 1288.38 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales683.24517.88 32 2285.371288.38 77 OPM %22.1020.79 -23.0617.85 - PBDT124.8191.58 36 435.23157.76 176 PBT79.2054.93 44 266.1741.48 542 NP86.6535.68 143 206.5027.96 639

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First Published: May 03 2022 | 5:02 PM IST

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