Ramkrishna Forgings Ltd Q1 FY2022-23 consolidated net profit falls QoQ to Rs. 51.38 crores

has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 699.9543 crores during the period ended June 30, 2022 as compared to Rs. 718.7227 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 51.3863 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 83.9309 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 3.22 for the period ended June 30, 2022 as compared to Rs. 5.31 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 699.9543 crs	₹718.7227 crs	-2.61%
Net Profit	₹51.3863 crs	₹83.9309 crs	-38.78%
EPS	₹3.22	₹5.31	-39.36%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 699.9543 crores during the period ended June 30, 2022 as compared to Rs.417.6874 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.51.3863 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.24.6883 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.3.22 for the period ended June 30, 2022 as compared to Rs.1.55 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 699.9543 crs	₹417.6874 crs	67.58%
Net Profit	₹51.3863 crs	₹24.6883 crs	108.14%
EPS	₹3.22	₹1.55	107.74%

Source : Equity Bulls

Keywords

RamkrishnaForgings Q1FY23 ResultUpdate