fy2 conference call hosted by noama wealth management as a reminder all participants lines will be in the listen only mode and there will be an opportunity for you to ask questions after the presentation concludes should you need assistant during the conference call please signal an operator by pressing star then zero on your touchone phone I now hand the conference over to Mrraghunandan from Nama Wealth Management thank you and over to you sir uh thank you uh good afternoon everyone on behalf of noama wealth management I would like to welcome you all to this earnings call of ram Krishna forgings I would like to thank the management for giving us this opportunity uh from the management team we have with us today uh Mrnarish Chalan managing director Mrchaitan Jalan executive director Mrlit ketan fulltime director and CFO Mrmes Gandhi executive director and MrRajesh Mundra VP finance and Company secretary before we begin may I remind you of the Safe Harbor the management may be making some forward-looking statements that have to be understood in conjunction with the uncertainty and the risk the company faces I shall now hand over the call to MrL Kumar kitan for opening remarks over to you lit sir thank you Ru welcome all of my investor friends on Q2 fy2 and H1 fy2 earning call of the ram Krishna foring Limited in the midst of rising geopolitical tension and ongoing global economic uncertainty we have continued to make steady progress in our strategic efforts while maintaining a strong financial performance we are undertaking multiple initiatives to further extend our business model and equip ourselves with levers to ensure sustained growth in the quarters ahead as you are aware during last year we acquired multich Auto GMT Auto Now renamed Ram Krishna castings and followed by acquis of ACI earlier this year we are focused on integrating these Acquisitions and have established a plan to line our corporate structure in Q2 we diversed 100% stake in our travel company Global India Services Limited to yatra online for a cash consideration of rupes 2028 These funds unlocked from non cores are being invested as growth Capital the board of directors has also improved an investment of 57. 5 to establish an aluminium fing capability around 3,000 metric T par at Jump primarily to to serve the EV segment this will significantly enhance our con in EV Market this is in addition to our previously anounce plans to enhance capacity by H forging capability of 40,000 tons and cold forging capability by 25,000 tons Additionally the company in Mexico which we acquired in Q2 has been renamed as RAM Krishna foring Mexico this will serve as an operational H for some of our international business in North America and bring us the additional business in the entire North America continent apart from above we have done significant capex inan upsets cold forging and 8,000 T Place capacity during H1 further we have also invested in ramp production of our subsidies that is Ram Krishna casting and ACI we have also built up stock for new developed product for the harder WIS in the recent past and for the assembly vertical this stock built up coupled with the ramping of a production subsidiaries has also led to little bit increase in inventory during h125 but the little bit inventory has also gone up due to buil up of stock in transit and at warehouses due to the RC issues all the combined events combined has led to increase in Consolidated dat by 282 course in H1 f25 f25 but same is likely to normalize in upcoming periods as we anticipate seeing the benefits from the a initiatives in the coming quarters with more substantial momentum expected from FY 26 onwards for investors the key takeaway is that our growth will become increasingly multi-dimensional with an expended range of end user Industries rkl now has a multiple growth Avenues are also seeing exciting potential in non-automotive sement mainly Railway and farm equipment and assemblies additionally we are positioning ourselves to scale up in the electric vehicle industry also the ongoing integration and both initiatives are expected to visually improve our AA and margin profile in I backdrop let us go over to our financial performance for the second quarter of financial year 2425 during the water raw material prices has decreased by 4% which has also in lower realization PN and also impacted Top Line to that extent still we have been able to achieve highest ever top line for the company in a quarter we report revenue of rupes 1053 15363 on a Consolidated basis representing 17. 2% year onye growth AA at 2 32.
75 represent an increase of 16. 2% year on-year basis the consolidate AA margin for Q2 FY 25 stood at 22. 9% and the same has been modated by 20 basis point year on year we believe that we will able to improve upon the a margin in the near future profit after tax including exceptional item is INR 18977 C in Q2 FY 25 compared to R 82.
