Ramkrishna Forgings Q1 PAT Surges 298% YoY

| Metric | Q1FY27 | Q4FY26 | Q1FY26 | Q-o-Q Change | Y-o-Y Change |

| Revenue from operations (₹ crore) | 1,217 | 1,217 | 1,015 | - | 19.8% |

| EBITDA (₹ crore) | 218 | 208 | 149 | 4.9% | 47.0% |

| EBITDA Margin | 17.96% | 17.11% | 14.64% | 85 bps | 332 bps |

| PAT (₹ crore) | 47 | 56 | 12 | (16.2%) | 297.6% |

| PAT Margin | 3.85% | 4.60% | 1.16% | (74) bps | 269 bps |

Profit Before Tax was ₹65 crore in Q1FY27 compared to ₹64 crore in Q4FY26 and ₹24 crore in Q1FY26.

Re-designation of Mr. Chaitanya Jalan from Whole-time Director to Joint Managing Director
Effective date: July 24, 2026

Capex announcement: ₹170 crores
Purpose: Setting up project for manufacturing components for passenger vehicles and establishing 4000 metric tonnes press line for forging capacity expansion

Mr. Naresh Jalan, Managing Director, commented on the results:

Strong Q1 performance reflecting improved business momentum in domestic and international markets
Firm domestic demand coupled with healthy export volume growth
Improved operating leverage and better business mix contributed to stronger profitability
Diversified business model with Commercial Vehicles remaining resilient while newer segments (Railways, Oil & Gas, Mining, industrial) scaling up
Ramp-up of casting operations and commissioning of new capacities broadening growth platform
Future focus: Building portfolio in non-ferrous forgings for Aerospace and Semiconductor Industry
Growth drivers: Sustained domestic demand, export market revival, expanded capacity and product portfolio, scaling of newer verticals (casting and aluminum forging)

Incorporated: 1981
Headquarters: Kolkata, India
Business: Integrated manufacturer of rolled, forged, machined and cast products
Manufacturing footprint: 20 facilities across India and Mexico
Installed capacity: 3,95,800 MT as of June 30, 2026
Capabilities: Hot, warm and cold forging, ring rolling, gear grinding, machining, fabrication, aluminium forging and casting
Global network: Sales, support and warehousing facilities across USA, Mexico, Brazil, Turkey, Italy, Sweden and Belgium
Certifications: TS 16949, OSHAS 18001, ISO 14001
End markets: Commercial and Passenger Vehicles, Electric Vehicles, Railways, Farm Equipment, Mining & Earth Moving, Oil & Gas, Power and Construction
Key customers: TATA Motors, Ashok Leyland, VE Commercial, Daimler (India); Volvo, Mack Trucks, Iveco, DAF, Scania, MAN, UD Trucks, Ford Otosan (overseas); Dana, Meritor, American Axles (Tier 1 axle manufacturers)