Company reported 87 per cent growth in sales and recommended dividend. 

The net profit of the company recorded at Rs 58.83 crore, up by 13.35 per cent from corresponding quarter last year

Tuesday's market is expected to have a slight positive opening as indicated by the SGX Nifty, which shows a small positive start for the broader index. The SGX Nifty initially opened the session at 18,689 and is currently up by 15.5 points.

Our foray into the EV industry reflects our commitment to diversification and our vision to become a prominent player in the rapidly evolving electric vehicle market, says Lalit Khetan, ED and CFO of Ramkrishna Forgings Ltd

The company is dedicated to ventures that employ advanced technologies capable of revolutionizing the lives of over a billion Indians. Its primary focus lies in electric mobility (Revolt Motors), drones (Neosky), ecommerce (Cocoblu Retail), fashion brands (Neobrands) and fintech (Wefin).

the company’s profits increased by 35 per cent CAGR (Compound Annual Growth Rate)

Company achieves 80 per cent sales growth, announces dividend and sets sights on raising capital.

In Q4FY23, the company reported a 442 per cent increase in net profits YoY.  

Despite the lower probability of a U.S. default, investors remained concerned about the risk of a recession in the world's largest economy this year.

The net profit of the company surged by 125 per cent from FY22 to Rs 24.9 crore