Ramkrishna Forgings Reports 72% Year-on-Year Decline in Q4 Profit
RK Forge records 72% YoY fall in Q4 PAT
Business Standard
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Ramkrishna Forgings has reported a 72% decline in consolidated net profit to ₹55.94 crore for Q4 FY26, despite a 28.5% increase in net sales to ₹1,216.78 crore. The company's total operating expenditure rose by 19.4% to ₹1,014.07 crore during the same period.
- 01Consolidated net profit fell by 72% to ₹55.94 crore in Q4 FY26.
- 02Net sales increased by 28.5% to ₹1,216.78 crore.
- 03Total operating expenditure rose by 19.4% to ₹1,014.07 crore.
- 04For FY26, net profit declined by 31% to ₹193.45 crore.
- 05The company's stock price decreased by 0.24% to ₹597.40.
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Ramkrishna Forgings, a manufacturer of forged components for automobiles and railway wagons, reported a 72% year-on-year drop in consolidated net profit, amounting to ₹55.94 crore for the fourth quarter of FY26. This decline occurred despite a significant 28.5% increase in net sales, which reached ₹1,216.78 crore. The company's total operating expenditure also saw a rise, increasing by 19.4% to ₹1,014.07 crore. For the entire fiscal year 2026, Ramkrishna Forgings recorded a net profit of ₹193.45 crore, down 31% from the previous year, alongside total income decreasing by 29.4% to ₹687.69 crore. The company's stock closed at ₹597.40, reflecting a minor decline of 0.24% on the Bombay Stock Exchange (BSE).
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The significant drop in profit may affect investor confidence and could lead to a reevaluation of the company's financial health, impacting future investments and operational strategies.
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