Ramkrishna Forgings Reports Strong Q1 FY27 Performance: Consolidated Net Profit Surges nearly 4x YoY to ₹46.88 Crore

Leading metal forging and engineering company Ramkrishna Forgings Limited (BSE: 532527, NSE: RKFORGE) announced its unaudited consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27).

Driven by sustained demand and strong operational execution, the company reported a massive nearly four-fold (298%) year-on-year (YoY) increase in net profit, with consolidated revenue from operations expanding 19.83% YoY.

Key Financial Highlights: Q1 FY27 vs Q1 FY26

Revenue from Operations: Consolidated revenue for Q1 FY27 reached ₹1,216.67 crore, marking a 19.83% YoY increase compared to ₹1,015.26 crore in Q1 FY26. Sequentially, revenue remained virtually flat compared to ₹1,216.78 crore in Q4 FY26.

Total Income: Grew 19.75% YoY to ₹1,220.11 crore, up from ₹1,018.89 crore in Q1 FY26.

Profit Before Tax (PBT): Surged 273.73% YoY to ₹64.73 crore, compared to ₹17.32 crore in Q1 FY26, despite a ₹0.61 crore share of loss from its joint venture.

Profit After Tax (PAT): Net profit jumped 297.63% YoY to ₹46.88 crore, compared to ₹11.79 crore in Q1 FY26. Sequentially, PAT was down 16.20% from ₹55.94 crore in Q4 FY26.

Earnings Per Share (EPS): Basic EPS for the quarter rose sharply to ₹2.58 per share (face value ₹2/- each), up from ₹0.65 in Q1 FY26 (versus ₹3.09 in Q4 FY26). Diluted EPS stood at ₹2.53.

Total Comprehensive Income: Stood at ₹47.51 crore, up from ₹10.58 crore in Q1 FY26, supported by positive Other Comprehensive Income (OCI) of ₹0.63 crore.

Cost Structure Overview

Consolidated total expenses for Q1 FY27 rose 16.07% YoY to ₹1,154.77 crore (versus ₹994.91 crore in Q1 FY26), reflecting increased production activity:

Cost of Materials Consumed: Increased 30.60% YoY to ₹630.69 crore (versus ₹482.93 crore in Q1 FY26).

Changes in Inventories: Recorded a build-up / change of -₹71.60 crore (versus ₹14.61 crore in Q1 FY26).

Employee Benefits Expense: Stood at ₹75.48 crore (up 13.50% YoY from ₹66.50 crore in Q1 FY26).

Power and Fuel Costs: Stood at ₹71.56 crore, up 8.56% YoY from ₹65.92 crore in Q1 FY26.

Finance Costs: Increased 17.58% YoY to ₹57.13 crore (versus ₹48.59 crore in Q1 FY26).

Depreciation & Amortisation: Amounted to ₹99.44 crore (up 24.82% YoY from ₹79.67 crore in Q1 FY26).

Other Expenses: Totaled ₹266.09 crore, compared to ₹261.50 crore in Q1 FY26.

Tax Provision: Total tax expense for the quarter stood at ₹17.85 crore (primarily deferred tax charge of ₹17.83 crore), compared to ₹5.53 crore in Q1 FY26.

Capital Structure & Equity

Paid-up Equity Share Capital: Stood at ₹36.37 crore (face value ₹2/- per share) as of June 30, 2026.

Other Equity: Total reserves (excluding revaluation reserve) stood at ₹3,254.11 crore as per the audited full-year disclosures for FY26.

Source : Equity Bulls

Keywords

RamkrishnaForgings Q1FY27 Q1FY2027 ResultUpdate