India’s Ramkrishna Forgings Limited (RFL) achieved a standalone net profit of INR 995.40 million ($1.10 million) in the third quarter (October-December) of the fiscal year 2024-25, a rise of 21 percent over the corresponding quarter of the previous year, a company statement said on Tuesday, January 21.
The company reported revenue from its operations at INR 9.52 billion ($110.01 million) in the given quarter, marking a growth of 5.52 percent year on year.
In the domestic market, the company’s sales volume amounted to 30,247 mt in the third quarter, a rise of seven percent over the corresponding quarter of the previous fiscal year.