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Ramkrishna Forgings shares jump 3% after revenue rises 7.9% YoY in Q3 FY25

Ramkrishna Forgings Ltd. saw a 3% surge in its stock price after reporting a 14.6% YoY rise in net profit for Q3 FY24, reaching ₹99.6 crore, compared to ₹86.9 crore in the same quarter last year. The company’s revenue also grew by 7.9% YoY, hitting ₹1,073.8 crore, up from ₹995.6 crore in Q3 FY23.

Operating EBITDA increased by 5.4% to ₹231.5 crore, with an EBITDA margin of 21.6%, slightly down from 22% in the previous quarter.

Domestic sales volumes grew by 7.02%, while export sales volumes surged by 12.2%. Export revenue jumped 9.8%, highlighting strong international performance.

Ramkrishna Forgings shares opened at ₹984.55, reaching a high of ₹1,020.00 and a low of ₹972.15 during the trading session. Over the past 52 weeks, the stock has seen a high of ₹1,064.05 and a low of ₹602.05. As of 10:31 AM, the shares were trading 2.29% higher at Rs 1,007.05.

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Aman Shukla

Aman Shukla is Senior Editor at BusinessUpturn.com, overseeing coverage across the Business, Finance, Corporate, and Stock Market segments. He specializes in communication and content writing, while managing editorial operations across these key sectors.