Ramkrishna Forgings Reports Q2FY27 Revenue of ₹1,405 Crore

manufacturing-news

Ramkrishna Forgings Limited (BSE: 532527; NSE: RKFORGE), a supplier of rolled, forged and machined products, has announced its unaudited financial results for the quarter and half year ended September 30, 2026. The company reported consolidated revenue of ₹1,405 crore in Q2FY27, registering year-on-year growth of 55%. Profit after tax (PAT) stood at ₹71 crore, compared with ₹47 crore in the previous quarter and a loss of ₹10 crore in Q2FY26.

For the first half of FY27, consolidated revenue reached ₹2,622 crore, while PAT stood at ₹117 crore. The performance was supported by healthy domestic demand, steady commercial vehicle production schedules and resilient customer activity across key export markets.

Commenting on the results, Naresh Jalan, Managing Director, Ramkrishna Forgings Limited, said, “Q2 was another quarter of steady progress, building on the strong start we made to FY27. Domestic demand remained healthy, supported by firm commercial vehicle production schedules, and customer activity across our key export markets has been resilient. We remain watchful of geopolitical developments in West Asia and evolving global tariff policies.”

The company is also progressing with its forged wheels project near Chennai, established through a joint venture with Titagarh Rail Systems. The facility is nearing commercial production and will enable Ramkrishna Forgings to enter a strategically important product segment for Indian Railways, adding a new long-term growth opportunity to its business.

Alongside the forged wheels project, the company is ramping up its casting operations and adding manufacturing capacity and value-added products. These initiatives are intended to broaden its ability to serve customers across passenger vehicles, electric vehicles and industrial applications.

Ramkrishna Forgings serves a diversified range of sectors, including commercial and passenger vehicles, electric vehicles, railways, farm equipment, mining and earthmoving, oil and gas, power and construction. Its customer base includes leading Indian original equipment manufacturers such as Tata Motors, Ashok Leyland, VE Commercial Vehicles and Daimler. International customers include Volvo, Mack Trucks, Iveco, DAF, Scania, MAN, UD Trucks and Ford Otosan. The company also supplies global Tier 1 axle manufacturers, including Dana, Meritor and American Axle.

The company’s ongoing investments in new products and manufacturing capabilities are aimed at expanding its presence across established and emerging mobility and industrial markets. Ramkrishna Forgings Limited is a manufacturer and supplier of rolled, forged and machined products. Its operations serve customers across automotive, railways, agriculture, mining and earthmoving, oil and gas, power and construction sectors in domestic and international markets