Ramkrishna Forgings Q4 Results: Profit falls 23% to Rs 68 crore; income grows to Rs 893 crore

Ramkrishna Forgings, a Kolkata-based manufacturer and supplier of steel forgings, reported a profit after tax of INR 68.45 crore for the quarter ending March 2023, due to higher expenses. The figure is 23% lower than that of the corresponding period of the previous fiscal year. However, the company’s total income rose to INR 893.43 crore from INR 718.72 crore in the same quarter last year. The board of directors has approved an interim dividend of INR 0.50 per equity share of INR 2 each for the fiscal year 2022-23.