Ramkrishna Forgings Reports Q2 Net Profit at ₹70.59 Crore on Higher Revenue

Kolkata-headquartered Ramkrishna Forgings has announced its financial results for the second quarter of the 2026-27 financial year, posting a consolidated net profit of ₹70.59 crore for the period ending September. This marks a recovery from the net loss of ₹9.50 crore reported in the corresponding quarter of the 2025-26 financial year.

During the July-September quarter of FY27, the company's total revenue increased to ₹1,405.42 crore, compared to ₹907.53 crore recorded in the same period a year earlier. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) also saw growth, rising to ₹256.23 crore from ₹122.54 crore.

For the half-year period from April to September FY27, Ramkrishna Forgings reported a net profit of ₹117.47 crore, up from ₹2.29 crore in the previous year. Revenue for the six-month period surged to ₹2,622.09 crore compared to ₹1,922.79 crore a year ago.

Naresh Jalan, Managing Director of Ramkrishna Forgings, stated that domestic demand remained healthy during the second quarter, backed by firm commercial vehicle production schedules. He added that customer activity across key export markets has also shown resilience.

Looking ahead, the company is working on expanding its presence in non-ferrous forgings, focusing on materials such as aluminium, titanium, inconel, and nimonic grades for high-technology applications in sectors including aerospace, robotics, and semiconductors. Additionally, the company's forged wheels facility near Chennai, established through a joint venture with Titagarh Rail Systems, is nearing the commencement of commercial production, adding a new product line tailored for Indian Railways.

Ramkrishna Forgings operates as an integrated manufacturer of rolled, forged, machined, and cast products. As of September 30, 2026, the company maintains 20 manufacturing facilities across India and Mexico, with a total installed capacity of 395,800 metric tonnes spanning ring rolling, forging, press, and casting operations.

"Ramkrishna Forgings' financial turnaround highlights the importance of operational scale and diversified market demand in the heavy engineering sector. Moving into specialized materials like titanium and aluminium for high-technology industries, alongside the upcoming commercial production of forged wheels for railways, demonstrates a clear strategy for long-term growth and margin expansion. For industrial manufacturers, balancing core domestic demand with value-added export and infrastructure segments remains a proven pathway to sustained profitability." — Dr. Shishir Gupta, Founder & CEO, StartupLanes