Ramkrishna Forgings shares jump 10% after Q2 results, surge 35% in 2026: Is more upside ahead? | Key levels to watch
New Delhi, Nov. 2 -- Ramkrishna Forgings shares surged 10% on Monday, 2 November, after the company reported a strong turnaround in its September quarter performance, posting a consolidated net profit of Rs.70.59 crore in Q2 FY27 against a loss of Rs.9.5 crore in the corresponding quarter last year.
The Kolkata-headquartered forged metal products manufacturer reported a sharp increase in revenue from operations, which rose to Rs.1,405.42 crore in the July-September quarter from Rs.907.53 crore a year earlier.
Earnings before interest, tax, depreciation and amortisation (EBITDA) more than doubled to Rs.256.23 crore in Q2 FY27, compared with Rs.122.54 crore in the year-ago period.
For the first half of FY27, consolidated net profit climb...
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