Ramkrishna Forgings Shares Surge 10% After Q2 Turnaround

Ramkrishna Forgings shares jumped 10% on Monday after reporting a consolidated net profit of ₹70.59 crore in Q2 FY27, turning around from a loss of ₹9.5 crore a year ago.

Revenue from operations rose to ₹1,405.42 crore for the July-September quarter, up from ₹907.53 crore in the corresponding period of the previous fiscal year.

Managing Director Naresh Jalan noted healthy domestic demand and resilient export markets, with the company expanding into non-ferrous forgings for aerospace and railways.