Ramkrishna Forgings Limited, one of the leading suppliers of rolled, forged and machined products has won a domestic order worth Rs. 9 crore from a multinational Oil & Gas Tier-1 component supplier in India.

Commenting on the order win, Lalit Khetan, Executive Director & CFO, Ramkrishna Forgings Limited said, “This order validates our oil and gas technical capabilities and marks our entry into a new product category."

"The component supplier will export these components to major oil & gas machinery and equipment OEMs in the USA which reiterates our commitment towards maintaining international quality standards. We are also expecting an additional order of approximately US

$2.50 million during the current fiscal year which improves revenue visibility for the segment. This order win is in line with our strategy to strengthen our non-auto business and new product offerings that will enable us to increase content per vehicle and sustainably improve our profitability in the future,” added Khetan.