Ramkrishna Forgings Ltd posts rise in consolidated PAT to Rs. 45.35 crore in Q3FY22

Ramkrishna Forgings Limited has reported Consolidated financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 602.9284 crores during the period ended December 31, 2021 as compared to Rs. 579.3799 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 45.3521 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 44.0556 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 14.18 for the period ended December 31, 2021 as compared to Rs. 13.78 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 602.9284 crs	₹579.3799 crs	4.06%
Net Profit	₹45.3521 crs	₹ 44.0556 crs	2.94%
EPS	₹14.18	₹13.78	2.90%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 602.9284 crores during the period ended December 31, 2021 as compared to Rs.404.1038 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.45.3521 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.14.8028 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.14.18 for the period ended December 31, 2021 as compared to Rs.4.63 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 602.9284 crs	₹404.1038 crs	49.20%
Net Profit	₹45.3521 crs	₹14.8028 crs	206.38%
EPS	₹14.18	₹4.63	206.26%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1604.2710 crores during the 9 Months period ended December 31, 2021 as compared to Rs.771.7168 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.114.0960 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-13.2211 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.35.69 for the 9 Months period ended December 31, 2021 as compared to Rs.-4.11 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹1604.2710 crs	₹771.7168 crs	107.88%
Net Profit	₹114.0960 crs	₹-13.2211 crs	962.98%
EPS	₹35.69	₹-4.11	968.37%

Shares of Ramkrishna Forgings Limited was last trading in BSE at Rs. 1044.15 as compared to the previous close of Rs. 1030.00. The total number of shares traded during the day was 21377 in over 2034 trades.

The stock hit an intraday high of Rs. 1058.40 and intraday low of 1023.55. The net turnover during the day was Rs. 22273826.00.

Source : Equity Bulls

Keywords

RamkrishnaForgings Q3FY22 9MFY22 ResultUpdate