Ramkrishna Forgings wins Rs 150m supply contract for fabrication parts

Ramkrishna Forgings Limited has bagged a supply contract worth INR 150 million for fabrication parts from an undisclosed company engaged in the energy industry.

Lalit Khetan — Ramkrishna Forgings Executive Director and CFO said: “We have bagged another fabrication order to one of the biggest players in the energy segment strengthening our presence in non-auto sectors. This is in line with our strategy to improve our revenue share of non-auto segment and diversify our business.

“This order is a testimony of our products quality and technical strengths in this segment. We continue to explore newer opportunities to strengthen our non-auto business.”

Based in Kolkata, Ramkrishna Forgings supplies rolled, forged, and machined products.

Earlier this month, the company won a contract worth more than $7 million per annum for the supply of engine components to an engine component manufacturer.