Ramkrishna Forgings quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	1,405	908	+54.9%
EBITDA	256	123	+109.1%
EBITDA margin	18.2%	13.5%	+4.7 pts
Profit before tax	95.5	−10.3	—
Net profit	70.6	−9.5	—
EPS	₹3.88	−₹0.53	—

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	1,405	1,217	1,217	1,099	908	1,015	947	1,074	1,054	1,005	1,023	1,058	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	4.2	3.4	1.9	1.8	5.8	3.6	11.5	3.6	2.5	9.0	18.6	1.5
	1,410	1,220	1,219	1,100	913	1,019	959	1,077	1,056	1,014	1,042	1,059
	691	631	577	552	438	483	506	550	524	496	469	523
	0.0	0.0	1.2	1.3	2.4	0.5	2.5	0.0	0.0	2.0	0.0	0.0
	−28.7	−71.6	45.8	52.7	−6.6	14.6	−27.5	−103	−66.8	−91.3	−30.6	−25.6
	77.8	75.5	57.0	66.7	68.6	66.5	57.0	65.4	66.1	66.6	61.5	50.8
	61.6	57.1	57.3	51.1	53.3	48.6	48.6	42.2	38.5	37.8	35.7	41.0
	103	99.4	88.4	84.4	80.4	79.7	84.7	63.8	60.4	62.5	71.9	67.6
	409	364	327	263	282	302	311	330	298	323	306	285
	1,313	1,155	1,154	1,071	919	995	982	948	920	897	913	942
	256	218	208	163	123	149	98.5	232	233	208	217	224
	154	119	120	79.0	42.2	68.9	13.8	168	172	145	146	157
Profit
	96.1	65.3	64.3	29.7	−5.4	24.0	−23.4	129	136	117	128	117
	−0.7	0.0	−0.3	−10.4	−4.8	−6.7	−0.3	−0.1	−0.3	−0.4	−0.2	0.0
	95.5	65.3	64.0	19.3	−10.3	17.3	−23.6	129	136	116	128	117
	0.2	0.0	−4.8	1.8	1.5	1.5	−38.6	29.9	33.1	37.7	27.2	30.9
	24.7	17.8	7.7	2.7	−2.3	4.0	−185	−0.4	−5.2	−2.5	7.2	−0.4
	24.9	17.9	2.9	4.5	−0.8	5.5	−223	29.4	27.8	35.2	34.4	30.5
	0.0	−0.6	−5.2	−1.2	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	70.6	46.9	55.9	13.6	−9.5	11.8	200	99.6	190	80.9	93.8	86.9
	70.6	47.5	61.1	14.7	−9.5	11.8	200	99.6	108	80.9	93.8	86.9
	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	81.6	0.0	0.0	0.0
	−1.3	0.6	2.1	−1.0	2.0	−1.2	3.5	−1.7	−1.2	−1.2	−4.4	−0.3
	69.3	47.5	58.1	12.5	−7.5	10.6	203	98.0	189	79.7	89.4	86.5
	70.6	46.9	55.9	13.6	−9.5	11.8	200	99.6	189	80.9	93.8	86.9
Per share
	₹3.88	₹2.58	₹3.09	₹0.75	−₹0.53	₹0.65	₹11.04	₹5.51	₹10.49	₹4.48	₹5.19	₹5.02
	₹3.80	₹2.53	₹3.07	₹0.75	−₹0.52	₹0.65	₹11.04	₹5.51	₹10.48	₹4.47	₹5.19	₹5.02
Continuing & discontinued operations
	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	96.6	0.0	0.0	0.0
	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	15.0	0.0	0.0	0.0
Other comprehensive income — detail
	−1.3	0.6	2.1	−1.0	2.0	−1.2	3.5	—	—	—	—	—
	−0.9	−0.9	−3.0	−0.4	−0.5	−0.7	2.9	−1.6	−1.7	−1.7	−5.8	−0.5
	0.0	0.0	−0.8	0.0	−0.1	−0.1	0.7	—	—	—	—	—
	—	—	—	—	—	—	—	−0.4	−0.4	−0.4	−1.4	−0.1
	−0.3	1.5	4.4	−0.7	2.4	−0.7	1.4	−0.4	−0.0	−0.0	0.0	—
	0.0	0.0	0.0	0.0	0.0	0.0	−0.0	—	—	—	—	—
	—	—	—	—	—	—	—	0.0	0.0	−0.0	0.0	−0.0
	69.3	47.5	58.1	12.5	−7.5	10.6	203	98.0	—	79.7	89.4	86.5
Per share — as-filed variants
	₹3.88	₹2.58	₹3.09	₹0.75	−₹0.53	₹0.65	₹11.04	₹5.51	₹5.98	₹4.48	₹5.19	₹5.02
	₹3.80	₹2.53	₹3.07	₹0.75	−₹0.52	₹0.65	₹11.04	₹5.51	₹5.97	₹4.47	₹5.19	₹5.02
	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹4.51	₹0.00	₹0.00	₹0.00
	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹4.51	₹0.00	₹0.00	₹0.00
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	743	658	593	493	473	517	466	627	597	598	585	560
	52.9%	54.0%	48.7%	44.9%	52.2%	50.9%	49.2%	58.4%	56.6%	59.5%	57.2%	53.0%
Adjusted (ex-exceptional items) — derived
	96.1	65.3	64.3	29.7	−5.4	24.0	−23.4	129	136	117	128	117
	−0.7	0.0	−0.3	−10.4	−4.8	−6.7	−0.3	−0.1	−0.3	−0.4	−0.2	0.0
	71.1	46.9	56.2	21.5	−5.0	16.3	200	99.7	190	81.2	94.0	86.9
	₹3.91	₹2.58	₹3.10	₹1.19	−₹0.28	₹0.90	₹11.05	₹5.51	₹10.51	₹4.50	₹5.20	₹5.02

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

RKFORGE₹672.20

Ramkrishna Forgings Ltd.

· Auto & Mobility

Annual Quarterly₹ CrorePeersBHARATFORG OLECTRA MSUMI MINDACORP ZFCVINDIA JKTYRE GABRIEL CRAFTSMANMcap ₹12,197 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	1,057.8	1,023.3	1,005.0	1,053.6	1,073.8	947.2	1,015.3	907.5	1,098.5	1,216.8	1,216.7	1,405.4
Other Income	1.5	18.6	9.0	2.5	3.6	11.5	3.6	5.8	1.8	1.9	3.4	4.2
Total Income	1,059.3	1,041.8	1,014.0	1,056.1	1,077.4	958.7	1,018.9	913.3	1,100.3	1,218.7	1,220.1	1,409.6
Expenses
+ Cost of Materials Consumed	523.0	469.0	496.5	523.9	550.4	506.0	482.9	438.5	551.5	577.2	630.7	690.7
+ Purchases of Stock-in-Trade	0.0	0.0	2.0	0.0	0.0	2.5	0.5	2.4	1.3	1.2	0.0	0.0
+ Changes in Inventories	-25.6	-30.6	-91.3	-66.8	-103.4	-27.5	14.6	-6.6	52.7	45.8	-71.6	-28.7
+ Employee Benefit Expense	50.8	61.5	66.6	66.1	65.4	57.0	66.5	68.6	66.7	57.0	75.5	77.8
+ Finance Costs	41.0	35.7	37.8	38.5	42.2	48.6	48.6	53.3	51.1	57.3	57.1	61.6
+ Depreciation & Amortisation	67.6	71.9	62.5	60.4	63.8	84.7	79.7	80.4	84.4	88.4	99.4	102.7
+ Other Expenses	285.1	305.9	323.4	297.7	329.8	310.7	302.1	282.2	262.9	327.4	363.7	409.4
Total Expenses	942.0	913.4	897.5	919.8	948.3	982.0	994.9	918.7	1,070.6	1,154.3	1,154.8	1,313.5
EBITDA	224.5	217.5	207.8	232.7	231.5	98.5	148.6	122.5	163.4	208.2	218.5	256.2
EBIT	156.9	145.6	145.4	172.4	167.7	13.8	68.9	42.2	79.0	119.7	119.0	153.5
Profit
PBT before Exceptional Items	117.4	128.4	116.5	136.4	129.1	-23.4	24.0	-5.4	29.7	64.3	65.3	96.1
+ Exceptional Items	0.0	-0.2	-0.4	-0.3	-0.1	-0.3	-6.7	-4.8	-10.4	-0.3	0.0	-0.7
Pretax Income	117.4	128.3	116.1	136.0	129.1	-23.6	17.3	-10.3	19.3	64.0	65.3	95.5
+ Current Tax	30.9	27.2	37.7	33.1	29.9	-38.6	1.5	1.5	1.8	-4.8	0.0	0.2
+ Deferred Tax	-0.4	7.2	-2.5	-5.2	-0.4	-184.9	4.0	-2.3	2.7	7.7	17.8	24.7
Tax Expense	30.5	34.4	35.2	27.8	29.4	-223.5	5.5	-0.8	4.5	2.9	17.9	24.9
+ Share of Associates & JVs	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-1.2	-5.2	-0.6	0.0
Net Income	86.9	93.8	80.9	189.8	99.6	199.8	11.8	-9.5	13.6	55.9	46.9	70.6
+ Net Income — Continuing Ops	86.9	93.8	80.9	108.2	99.6	199.8	11.8	-9.5	14.7	61.1	47.5	70.6
+ Net Income — Discontinued Ops	0.0	0.0	0.0	81.6	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
+ Other Comprehensive Income	-0.3	-4.4	-1.2	-1.2	-1.7	3.5	-1.2	2.0	-1.0	2.1	0.6	-1.3
Total Comprehensive Income	86.5	89.4	79.7	188.5	98.0	203.3	10.6	-7.5	12.5	58.1	47.5	69.3
Net Income to Common	86.9	93.8	80.9	188.5	99.6	199.8	11.8	-9.5	13.6	55.9	46.9	70.6
Per Share
Basic EPS	5.02	5.19	4.48	10.49	5.51	11.04	0.65	-0.53	0.75	3.09	2.58	3.88
Diluted EPS	5.02	5.19	4.47	10.48	5.51	11.04	0.65	-0.52	0.75	3.07	2.53	3.80
Continuing & Discontinued Operations
+ Discontinued Operations — before Tax	0.0	0.0	0.0	96.6	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
+ Tax — Discontinued Operations	0.0	0.0	0.0	15.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	3.5	-1.2	2.0	-1.0	2.1	0.6	-1.3
+ Items NOT to be Reclassified to P&L	-0.5	-5.8	-1.7	-1.7	-1.6	2.9	-0.7	-0.5	-0.4	-3.0	-0.9	-0.9
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	0.7	-0.1	-0.1	0.0	-0.8	0.0	0.0
+ Tax on Items NOT to be Reclassified — alt tag	-0.1	-1.4	-0.4	-0.4	-0.4	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	—	0.0	-0.0	-0.0	-0.4	1.4	-0.7	2.4	-0.7	4.4	1.5	-0.3
+ Tax on Items to be Reclassified	—	—	—	—	—	-0.0	0.0	0.0	0.0	0.0	0.0	0.0
+ Tax on Items to be Reclassified — alt tag	-0.0	0.0	-0.0	0.0	0.0	—	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	86.5	89.4	79.7	—	98.0	203.3	10.6	-7.5	12.5	58.1	47.5	69.3
Per Share — as-filed variants
Basic EPS — Continuing Operations	5.02	5.19	4.48	5.98	5.51	11.04	0.65	-0.53	0.75	3.09	2.58	3.88
Diluted EPS — Continuing Operations	5.02	5.19	4.47	5.97	5.51	11.04	0.65	-0.52	0.75	3.07	2.53	3.80
Basic EPS — Discontinued Operations	0.00	0.00	0.00	4.51	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Diluted EPS — Discontinued Operations	0.00	0.00	0.00	4.51	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	560.4	584.9	597.8	596.6	626.7	466.2	517.2	473.3	493.0	592.6	657.6	743.4
Gross Margin %	52.98	57.16	59.48	56.62	58.37	49.22	50.94	52.15	44.88	48.70	54.05	52.89
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	117.4	128.4	116.5	136.4	129.1	-23.4	24.0	-5.4	29.7	64.3	65.3	96.1
− Exceptional Items (reconciliation)	0.0	-0.2	-0.4	-0.3	-0.1	-0.3	-6.7	-4.8	-10.4	-0.3	0.0	-0.7
Net Income Adj (tax-effected)	86.9	94.0	81.2	190.0	99.7	199.9	16.3	-5.0	21.5	56.2	46.9	71.1
EPS Adj	5.02	5.20	4.50	10.51	5.51	11.05	0.90	-0.28	1.19	3.10	2.58	3.91
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Paid Up Equity Capital	36.2	36.2	36.2	36.2	36.2	36.2	36.2	36.2	36.2	36.3	36.4	37.0

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Ramkrishna Forgings Q2 FY27 results (July–September 2026)

Filed with NSE on Friday, 30 October 2026 at 4:23 pm IST

Ramkrishna Forgings (NSE: RKFORGE) reported its Q2 FY27 results (July–September 2026) on Friday, 30 October 2026 at 4:23 pm IST. Consolidated net profit was ₹70.6 crore, against a loss of ₹9.5 crore in Q2 FY26 and up 50.6% from ₹46.9 crore in Q1 FY27. Revenue from operations was ₹1,405 crore, up 54.9% year on year and up 15.5% from the previous quarter.

Dividend record date: Friday, 6 November 2026
Q2 FY26 results (a year earlier): 12 November 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit: ₹70.6 Crloss ₹9.5 Cr in Q2 FY26+50.6% vs Q1 FY27
Revenue from operations: ₹1,405 Cr+54.9% vs Q2 FY26+15.5% vs Q1 FY27
Operating margin (EBIT): 10.9%+6.3 pts vs Q2 FY26+1.1 pts vs Q1 FY27EBIT ₹154 Cr
EBITDA: ₹256 Cr+109.1% vs Q2 FY26+17.3% vs Q1 FY27margin 18.2%
Earnings per share (basic): ₹3.88+50.4% vs Q1 FY27
Interim dividend: ₹2 a shareRecord date 6 November 2026

Questions

What was Ramkrishna Forgings' net profit in Q2 FY27?

Consolidated net profit was ₹70.6 crore, against a loss of ₹9.5 crore in Q2 FY26 and up 50.6% from ₹46.9 crore in Q1 FY27.

What was Ramkrishna Forgings' revenue in Q2 FY27?

Revenue from operations was ₹1,405 crore, up 54.9% year on year and up 15.5% from the previous quarter.

What was Ramkrishna Forgings' net profit in the first half of FY27?

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹117 crore. Revenue from operations was ₹2,622 crore, up 36.4%.

How were Ramkrishna Forgings' Q2 FY27 results?

A net profit of ₹70.6 crore, against a loss of ₹9.5 crore in Q2 FY26. Revenue was up 54.9% at ₹1,405 crore. The operating margin was 10.9%, up 6.3 percentage points from 4.6% a year earlier. Against Q1 FY27, net profit was up 50.6% and revenue up 15.5%.

What was Ramkrishna Forgings' operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹154 crore, a margin of 10.9%, against 9.8% in Q1 FY27 and 4.6% in Q2 FY26. EBITDA was ₹256 crore, 18.2% of revenue.

What is Ramkrishna Forgings' net profit margin?

Ramkrishna Forgings' net profit margin was 5.0% in Q2 FY27 (net profit as a share of revenue from operations), against −1.0% in Q2 FY26 (up 6.1 percentage points). For FY26 as a whole it was 1.7%.

What was Ramkrishna Forgings' EPS in Q2 FY27?

Basic earnings per share were ₹3.88.

What was Ramkrishna Forgings' revenue in FY26?

Revenue from operations was ₹4,238 crore in FY26 (April 2025–March 2026), up 5.1% from ₹4,034 crore in FY25. It was ₹3,955 crore in FY24 and ₹3,193 crore in FY23: up 32.7% over three years, 9.9% a year on average.

When did Ramkrishna Forgings announce its Q2 FY27 results?

On Friday, 30 October 2026 at 4:23 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 12 November 2025.

How has Ramkrishna Forgings' profit changed over the last four quarters?

Net profit by quarter: ₹13.6 crore in Q3 FY26, ₹55.9 crore in Q4 FY26, ₹46.9 crore in Q1 FY27 and ₹70.6 crore in Q2 FY27. That is ₹187 crore over the four quarters, down 38.0% from ₹302 crore in the four quarters before. Revenue from operations: ₹1,099 crore, ₹1,217 crore, ₹1,217 crore and ₹1,405 crore.

What was Ramkrishna Forgings' net profit in FY26?

Consolidated net profit was ₹71.8 crore in FY26 (April 2025–March 2026), down 82.7% from ₹415 crore in FY25. It was ₹341 crore in FY24 and ₹248 crore in FY23: down 71.1% over three years, an average fall of 33.9% a year.

When will Ramkrishna Forgings announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Did Ramkrishna Forgings declare a dividend with its Q2 FY27 results?

Yes. The board declared an interim dividend of ₹2 per share on 30 October 2026. The record date is 6 November 2026.

Where do these Ramkrishna Forgings figures come from?

From Ramkrishna Forgings' own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 30 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.