# RK Forgings targets Rs 10,000 crore revenue by FY30 2026-08-13T07:05:17+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Ramkrishna Forgings aims for Rs 10,000 crore in revenue by FY30, backed by 15-20% annual volume growth, said Whole Time Director and CFO Lalit Khetan in an interview with ETCFO. The company, which operates 22 plants, plans to first use existing capacity to reach Rs 7,500-8,000 crore before adding more. It expects export mix to return to 40% from 32% in FY26, driven by North America and Europe demand recovery. For FY26, consolidated revenue rose 5% to Rs 4,238 crore, but net profit fell 78% to Rs 86.51 crore due to higher finance costs and provisions. Khetan flagged state-level policy inconsistency as a key challenge for India's manufacturing sector. He said governments change and commitments go unfulfilled, making it hard to plan investments. He urged extending PLI to sectors like forgings and core manufacturing to improve export competitiveness and import substitution. He also cited shipping cost volatility as a structural issue, saying India needs better ports and shipping capacity to stabilise freight costs. ## Coverage - cfo.economictimes.indiatimes.com Tags: exports, infrastructure, manufacturing, PLI scheme, Ramkrishna Forgings, revenue target Canonical: https://indianopinion.org/rk-forgings-targets-rs-10000-crore-revenue-by-fy30/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/rk-forgings-targets-rs-10000-crore-revenue-by-fy30/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.