Ramkrishna Forgings standalone net profit declines 27.36% in the March 2019 quarter

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Sales rise 0.72% to Rs 443.27 crore
Net profit of Ramkrishna Forgings declined 27.36% to Rs 24.93 crore in the quarter ended March 2019 as against Rs 34.32 crore during the previous quarter ended March 2018. Sales rose 0.72% to Rs 443.27 crore in the quarter ended March 2019 as against Rs 440.11 crore during the previous quarter ended March 2018.For the full year,net profit rose 26.04% to Rs 119.31 crore in the year ended March 2019 as against Rs 94.66 crore during the previous year ended March 2018. Sales rose 25.86% to Rs 1806.69 crore in the year ended March 2019 as against Rs 1435.47 crore during the previous year ended March 2018.
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First Published: May 27 2019 | 3:00 PM IST