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Updated: January 17, 2025 17:12
Ramkrishna Forgings has announced its financial results for the December quarter, reporting a consolidated revenue of ₹10.74 billion and a net profit of ₹996.1 million, highlighting steady growth in the company's performance. The company’s robust financials are a testament to its strong operational efficiency and strategic market positioning.
In addition, Ramkrishna Forgings revealed plans to set up a casting project in Jamshedpur, which is expected to commence operations in June. This project signifies a key milestone in the company’s expansion into advanced manufacturing, further reinforcing its leadership in the forgings and castings sector. Stakeholders can anticipate enhanced contributions to the company’s revenues and market share.
Source: Official announcement from Ramkrishna Forgings.