Ramkrishna Forgings Limited NSE Symbol:RKFORGE, BSE Security Code:532527 has declared its 3rd(third) quarter unaudited consolidated financial report from the month of October, 2020 to the month of December, 2020; for the fiscal year 2020-21.
| Revenue Reported by Ramkrishna Forgings Limited for Third Quarter FY, 2020-21 |
| Current Quarter (October, 2020 - December, 2020) |
Previous Quarter (July, 2020 - September, 2020) |
Corresponding Quarter (October, 2019 - December, 2019) |
9 Months Ended (April, 2020 - December, 2020) |
Corresponding 9 Months Ended (April, 2019 - December, 2019) |
| 404.10 |
253.05 |
285.46 |
771.72 |
979.36 |
| Calculated Revenue of Ramkrishna Forgings Limited for Third Quarter FY, 2020-21 |
| Current(December, 2020) VS Previous(September, 2020) |
Current(December, 2020) VS Corresponding(December, 2019) |
9 months Ended(April, 2020 - December, 2020) VS Corresponding 9 months Ended(April, 2019 - December, 2019) |
| Change |
Change % |
Change |
Change % |
Change |
Change % |
| 151.05 |
59.69%(Revenue Increase) |
118.64 |
41.56%(Revenue Increase) |
207.64 |
21.20%(Revenue Decrease) |
Revenue: Ramkrishna Forgings Limited's financial report shows that the company's revenue increased by 59.69% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for revenue increase of Rs.151.05 crores, as the company posted revenue of Rs.404.10 crores; in compare to previous quarter(July, 2020 - September, 2020) when the company reported revenue of Rs.253.05 crores.
The result also shows that the company's revenue increased by 41.56% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for revenue increase of Rs.118.64 crores; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted revenue of Rs.285.46 crores.
The company also reported that its revenue decreased by 21.20% in 9 months end(April, 2020 - December, 2020) for revenue decrease of Rs.207.64 crores, since the company reported revenue of Rs.771.72 crores; in compare to corresponding 9 months end(April, 2019 - December. 2019) when the company posted revenue of Rs.979.36 crores.
| Gross Margin(%) Reported by Ramkrishna Forgings Limited for Third Quarter FY, 2020-21 |
| Current Quarter (October, 2020 - December, 2020) |
Previous Quarter (July, 2020 - September, 2020) |
Corresponding Quarter (October, 2019 - December, 2019) |
9 Months Ended (April, 2020 - December, 2020) |
Corresponding 9 Months Ended (April, 2019 - December, 2019) |
| 48.18 |
56.29 |
57.41 |
54.28 |
51.58 |
| Calculated Gross Margin(%) of Ramkrishna Forgings Limited for Third Quarter FY, 2020-21 |
| Current(December, 2020) VS Previous(September, 2020) |
Current(December, 2020) VS Corresponding(December, 2019) |
9 months Ended(April, 2020 - December, 2020) VS Corresponding 9 months Ended(April, 2019 - December, 2019) |
| Change |
Change % |
Change |
Change % |
Change |
Change % |
| 8.11 |
14.41%(GM Decrease) |
9.24 |
16.09%(GM Decrease) |
2.69 |
5.22%(GM Increase) |
Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 14.41% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for 8.11% GM decrease, as the company reported 48.18% GM; in compare to previous quarter(July, 2020 - September, 2020) when the company reported 56.29% GM.
The result also indicates, the company's GM decreased by 16.09% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for 9.24% GM decrease; in compare to corresponding quarter(October, 2019 - December, 2019) when the company reported 57.41% GM.
The company also reported that its GM increased by 5.22% in 9 months end(April, 2020 - December, 2020) for 2.69% GM increase, since the company reported 54.28% GM; in compare to corresponding 9 months end(April, 2019 - December. 2019) when the company reported 51.58% GM.
| EBITDA Reported by Ramkrishna Forgings Limited for Third Quarter FY, 2020-21 |
| Current Quarter (October, 2020 - December, 2020) |
Previous Quarter (July, 2020 - September, 2020) |
Corresponding Quarter (October, 2019 - December, 2019) |
9 Months Ended (April, 2020 - December, 2020) |
Corresponding 9 Months Ended (April, 2019 - December, 2019) |
| 77.13 |
46.47 |
50.61 |
119.79 |
173.89 |
| Calculated EBITDA of Ramkrishna Forgings Limited for Third Quarter FY, 2020-21 |
| Current(December, 2020) VS Previous(September, 2020) |
Current(December, 2020) VS Corresponding(December, 2019) |
9 months Ended(April, 2020 - December, 2020) VS Corresponding 9 months Ended(April, 2019 - December, 2019) |
| Change |
Change % |
Change |
Change % |
Change |
Change % |
| 30.66 |
65.98%(EBITDA Increase) |
26.52 |
52.40%(EBITDA Increase) |
54.10 |
31.11%(EBITDA Decrease) |
EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 65.98% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for EBITDA increase of Rs.30.66 crores, as the company posted EBITDA of Rs.77.13 crores; in compare to previous quarter(July, 2020 - September, 2020) when the company reported EBITDA of Rs.46.47 crores.
The result also shows that the company's EBITDA increased by 52.40% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for EBITDA increase of Rs.26.52 crores; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted EBITDA of Rs.50.61 crores.
The company also reported that its EBITDA decreased by 31.11% in 9 months end(April, 2020 - December, 2020) for EBITDA decrease of Rs.54.10 crores, since the company reported EBITDA of Rs.119.79 crores; in compare to corresponding 9 months end(April, 2019 - December. 2019) when the company posted EBITDA of Rs.173.89 crores.
| Profit and Loss Reported by Ramkrishna Forgings Limited for Third Quarter FY, 2020-21 |
| Current Quarter (October, 2020 - December, 2020) |
Previous Quarter (July, 2020 - September, 2020) |
Corresponding Quarter (October, 2019 - December, 2019) |
9 Months Ended (April, 2020 - December, 2020) |
Corresponding 9 Months Ended (April, 2019 - December, 2019) |
| 14.80(Profit ) |
1.45(Profit ) |
2.28(Profit ) |
13.22(Loss ) |
17.27(Profit ) |
| Calculated Profit and Loss of Ramkrishna Forgings Limited for Third Quarter FY, 2020-21 |
| Current(December, 2020) VS Previous(September, 2020) |
Current(December, 2020) VS Corresponding(December, 2019) |
9 months Ended(April, 2020 - December, 2020) VS Corresponding 9 months Ended(April, 2019 - December, 2019) |
| Change |
Change % |
Change |
Change % |
Change |
Change % |
| 13.35 |
920.69%(Profit Increase) |
12.52 |
549.12%(Profit Increase) |
30.49 |
176.55%(Loss Increase) |
Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 920.69% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for profit increase of Rs.13.35 crores, as the company posted profit of Rs.14.80 crores; in compare to previous quarter(July, 2020 - September, 2020) when the company reported profit of Rs.1.45 crores.
The result also shows that the company's profit increased by 549.12% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for profit increase of Rs.12.52 crores; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted profit of Rs.2.28 crores.
The company also reported that its loss increased by 176.55% in 9 months end(April, 2020 - December, 2020) for loss increase of Rs.30.49 crores, since the company reported loss of Rs.13.22 crores; in compare to corresponding 9 months end(April, 2019 - December. 2019) when the company posted profit of Rs.17.27 crores.
| EPS Reported by Ramkrishna Forgings Limited for Third Quarter FY, 2020-21 |
| Current Quarter (October, 2020 - December, 2020) |
Previous Quarter (July, 2020 - September, 2020) |
Corresponding Quarter (October, 2019 - December, 2019) |
9 Months Ended (April, 2020 - December, 2020) |
Corresponding 9 Months Ended (April, 2019 - December, 2019) |
| 4.64 |
0.45 |
0.70 |
4.11(Negative) |
5.30 |
| Calculated EPS of Ramkrishna Forgings Limited for Third Quarter FY, 2020-21 |
| Current(December, 2020) VS Previous(September, 2020) |
Current(December, 2020) VS Corresponding(December, 2019) |
9 months Ended(April, 2020 - December, 2020) VS Corresponding 9 months Ended(April, 2019 - December, 2019) |
| Change |
Change % |
Change |
Change % |
Change |
Change % |
| 4.19 |
931.11%(EPS Increase) |
3.94 |
562.86%(EPS Increase) |
9.41 |
177.55%(EPS Decrease) |
EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 931.11% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for EPS increase of Rs.4.19, as the company posted EPS of Rs.4.64; in compare to previous quarter(July, 2020 - September, 2020) when the company reported EPS of Rs.0.45.
The result also shows that the company's EPS increased by 562.86% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for EPS increase of Rs.3.94; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted EPS of Rs.0.70.
The company also reported that its EPS decreased by 177.55% in 9 months end(April, 2020 - December, 2020) for EPS decrease of Rs.9.41, since the company reported Negative EPS of Rs.4.11; in compare to corresponding 9 months end(April, 2019 - December. 2019) when the company posted EPS of Rs.5.30.
***All amounts are given in Crore Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
Gross Margin=Total Revenue from Operations -(Cost of Materials Consumed + Purchases of stock-in-trade - Changes in inventories of finished goods, work-in-progress and stock-in-trade).
Gross Margin%=(Gross Margin / Total Revenue from Operations)*100.
EBITDA=Commission/Interest + Depreciation and Amortization + Tax + Profit/Loss (PAT).
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.
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