+
 Ramkrishna Forgings jumps up by 6.34% to Rs 192.95
Company News

Ramkrishna Forgings jumps up by 6.34% to Rs 192.95

Ramkrishna Forgings increased by 6.34% to Rs 192.95 after the company secured an order of approximately Rs 75 crore per annum from the largest original equipment manufacturer (OEM) in India in the medium and heavy commercial vehicle (MHCV) segments.

Ramkrishna Forgings managing director, Naresh Jalan told the media that as the Indian commercial vehicle (CV) segment is showing signs of uptrend being positive about the opportunities it will bring in the future. The company has established a solid presence among domestic customers and are further steadily cementing their position on the back of recent order wins.

The order win worth Rs 75 crore from India's largest MHCV OEM displays superior product quality as well as strong execution capabilities. The company is seeing an increase in the acceptance of products from a wide range of customers from various segments and geographies. They will continue our growth trajectory with the backing of their new orders and expected repeat orders that will help them in reaching their target.

Ramkrishna Forgings is in the business of making forged products. They are a supplier to different sectors like railways, bearings, earthmoving and mining, power and construction, automotive, farm equipment, oil, and gas in India as well as the overseas markets.

The net profit of Ramkrishna Forgings on a consolidated basis increased by 206.42% to Rs 45.35 crore. There is a 49.27% increase in net sales in Q3 December 2021 to Rs 601.32 crore which was over Q3 December 2020.

Image Source

Also read: Ramkrishna Forgings bags Rs 15 cr fabrication parts order

Ramkrishna Forgings increased by 6.34% to Rs 192.95 after the company secured an order of approximately Rs 75 crore per annum from the largest original equipment manufacturer (OEM) in India in the medium and heavy commercial vehicle (MHCV) segments. Ramkrishna Forgings managing director, Naresh Jalan told the media that as the Indian commercial vehicle (CV) segment is showing signs of uptrend being positive about the opportunities it will bring in the future. The company has established a solid presence among domestic customers and are further steadily cementing their position on the back of recent order wins. The order win worth Rs 75 crore from India's largest MHCV OEM displays superior product quality as well as strong execution capabilities. The company is seeing an increase in the acceptance of products from a wide range of customers from various segments and geographies. They will continue our growth trajectory with the backing of their new orders and expected repeat orders that will help them in reaching their target. Ramkrishna Forgings is in the business of making forged products. They are a supplier to different sectors like railways, bearings, earthmoving and mining, power and construction, automotive, farm equipment, oil, and gas in India as well as the overseas markets. The net profit of Ramkrishna Forgings on a consolidated basis increased by 206.42% to Rs 45.35 crore. There is a 49.27% increase in net sales in Q3 December 2021 to Rs 601.32 crore which was over Q3 December 2020. Image Source Also read: Ramkrishna Forgings bags Rs 15 cr fabrication parts order

Related Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code