Ramkrishna Forgings Limited — Investor Meet, 30-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Ramkrishna Forgings Limited reported a robust Q2 FY 2024-25, achieving a consolidated revenue of ₹1,053.63 crores, a 17.2% year-on-year increase. The company is expanding its operations with new investments, including ₹57.5 crores for aluminum forging to cater to the EV market. They secured orders totaling ₹1,522 crores, primarily from North America. Despite rising debt due to acquisitions, management is optimistic about steady growth and expects 15%-20% revenue growth in the upcoming year.