If you’re eyeing a new car, the cost of forged components—wheel hubs, axles, engine blocks—shapes the final price. Ramkrishna Forgings’ jump to a ₹70.59‑crore profit in Q2 FY27 signals a healthier supply chain, which could curb price hikes that have been creeping up.
The company’s revenue surged 55% to ₹1,405.42 crore, riding on a 43% rise in expenses. Raw material spend alone hit ₹690.72 crore, a reminder that steel prices and logistics still weigh heavily on component costs.
Ramkrishna isn’t the only forging house in India. Competitors such as JCB‑Hindustan and Ashok Leyland Forge also report solid earnings, but Ramkrishna’s growth outpaces theirs, pointing to stronger contract volumes with major OEMs.
Industry policy plays a role too. New EV mandates and reduced duties on imported steel could lower input costs, while the government’s push for domestic component manufacturing keeps suppliers like Ramkrishna in the spotlight.
Looking ahead, several automakers are slated to launch models that rely on forged parts this year. As the supply chain steadies, buyers can expect more competitive pricing and tighter delivery windows.