Ramkrishna Forgings Ltd's Q3FY25 Quarter Results
- 22 Jan 2025
Result Summary
- Ramkrishna Forgings Ltd reported a 2.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 1.7%.
- Its expenses for the quarter were up by 3.1% QoQ and 0.7% YoY.
- The net profit decreased 47.5% QoQ and increased 14.7% YoY.
- The earnings per share (EPS) of Ramkrishna Forgings Ltd stood at 5.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1077.42 | 1056.14 | 1059.32 | 2.0% | 1.7% |
Total Expenses | 948.28 | 919.78 | 941.97 | 3.1% | 0.7% |
Profit Before Tax | 129.14 | 136.35 | 117.36 | -5.3% | 10.0% |
Tax | 29.44 | 27.83 | 30.50 | 5.8% | -3.5% |
Profit After Tax | 99.61 | 189.77 | 86.86 | -47.5% | 14.7% |
Earnings Per Share | 5.50 | 10.50 | 5.00 | -47.6% | 10.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Ramkrishna Forgings Ltd is a prominent player in the manufacturing industry, primarily known for its high-quality forgings. The company specializes in producing a variety of forged components that cater to diverse sectors including automotive, railways, and general engineering. Its products are integral to the functioning of vehicles and machinery, given their use in critical areas like automotive transmission and engine systems. The company has made significant strides in expanding its product offerings and market reach. Recently, Ramkrishna Forgings Ltd has focused on enhancing its manufacturing capabilities and expanding its footprint in both domestic and international markets. However, specific recent developments are not available in the provided data.
Revenue
During the third quarter of the fiscal year 2025 (Q3FY25), Ramkrishna Forgings Ltd reported a total income of ₹1077.42 crores. This marks a quarter-over-quarter (QoQ) increase of 2.0% from the previous quarter (Q2FY25), where the total income was ₹1056.14 crores. Comparing year-over-year (YoY), the total income increased by 1.7% from ₹1059.32 crores reported in the third quarter of the fiscal year 2024 (Q3FY24). These figures reflect a steady upward trend in revenue generation over the periods analyzed. The data signifies the company's ability to maintain growth in its total income despite challenging market conditions.
Profitability
In Q3FY25, Ramkrishna Forgings Ltd recorded a Profit Before Tax (PBT) of ₹129.14 crores, reflecting a decline of 5.3% QoQ from ₹136.35 crores in Q2FY25. However, on a YoY basis, there was an increase of 10.0% from ₹117.36 crores in Q3FY24. The Profit After Tax (PAT) for Q3FY25 was ₹99.61 crores, which represents a significant decrease of 47.5% QoQ from ₹189.77 crores in Q2FY25, but a 14.7% increase YoY from ₹86.86 crores in Q3FY24. The Earnings Per Share (EPS) in Q3FY25 was ₹5.50, showing a similar pattern with a 47.6% decline QoQ from ₹10.50 in Q2FY25, and a 10.0% increase YoY from ₹5.00 in Q3FY24. These figures provide an overview of the company's profitability dynamics, indicating fluctuations in profit margins over different periods.
Operating Metrics
Total expenses for Ramkrishna Forgings Ltd in Q3FY25 were reported at ₹948.28 crores, which is a 3.1% increase QoQ from ₹919.78 crores in Q2FY25 and a slight increase of 0.7% YoY from ₹941.97 crores in Q3FY24. The tax expense for Q3FY25 was ₹29.44 crores, marking a 5.8% increase QoQ from ₹27.83 crores in Q2FY25, but a decrease of 3.5% YoY from ₹30.50 crores in Q3FY24. The operating metrics demonstrate the company's expenditure trends and tax obligations, which are crucial for understanding cost management and fiscal responsibilities. These figures offer insights into the financial strategies employed by the company to manage costs relative to income.
