Ramkrishna Forgings Reports Quarterly Results; Mr. Chaitanya Jalan Re-designated as Joint Managing Director

Ramkrishna Forgings Reports Quarterly Results; Mr. Chaitanya Jalan Re-designated as Joint Managing Director​

Ramkrishna Forgings Limited announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The company also confirmed the re-appointment of internal auditors, the redesignation of Mr. Chaitanya Jalan, and detailed a significant capital expenditure planned for expansion.

The Board of Directors reviewed the results, which reflect operational performance across various segments as noted in the financial statements.

Financial Highlights (Quarter Ended June 30, 2026)​

The company’s Q1 FY27 results showed strong revenue generation and profitability across both standalone and consolidated operations.

In the standalone segment, Total Income stood at Rs. 1,101.68 Crores, while expenses were reported at Rs. 1,030.21 Crores. The net profit for the period was recorded at Rs. 52.18 Crores.

On a consolidated basis, Total Income reached Rs. 1,220.11 Crores, against total expenses of Rs. 1,154.77 Crores. This resulted in a Profit attributable to Equity holders of the holding company of Rs. 4,688 Crores.

Key financial metrics for both segments are summarized below:

Leadership and Governance Updates​

The Board meeting held on July 24, 2026, approved several key corporate governance decisions:

• Director Re-designation: Mr. Chaitanya Jalan (DIN 07540301), who was previously a Whole Time Director, was re-designated as Joint Managing Director of Ramkrishna Forgings Limited, effective from July 24, 2026. This designation is subject to shareholder approval at the upcoming 44th Annual General Meeting. The term for this re-appointment extends up to November 8, 2029, with no change in remuneration or other terms and conditions.
• Internal Auditor Re-appointment: M/s. Singhi & Co., Chartered Accountants (Firm Registration No.: 302049E) was re-appointed as the Internal Auditors of the Company for the Financial Year 2026-27, following the recommendation of the Audit Committee.
• Policy Amendment: The Board also considered and approved an amendment to the Whistle Blower Policy of the Company.

Capital Expenditure for Expansion​

Ramkrishna Forgings Limited detailed a substantial capital expenditure project aimed at expanding its manufacturing capabilities. A capital investment totaling Rs. 170.52 crores has been planned for setting up a new 4000 metric tonnes press line and related components production for passenger vehicles.

This proposed capacity addition of 8,800 MT is scheduled to be added by September 2027. The project involves the manufacturing of components for the passenger vehicle market in addition to expanding the forging capacity.

Details regarding the project and existing capacities are provided below:

RKFORGE Stock Price Movement​

Shares of Ramkrishna Forgings Limited shed 2.34% during live trading, hovering around the ₹570.35 mark as of 2:54 PM today. The stock is currently seeing significant activity, with over 1.5 million shares traded so far in the session.