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KRN Heat Exchanger And Refrigeration Ltd Q1 FY26 Results

KRNQ1 FY26 Results
Filing
MetricValue ( Cr)vs Q4 FY25
Revenue115.2812.3%
Total Income118.8612.5%
Expenditure100.5712.3%
PBT18.2913.4%
Net Profit12.4216.4%
OPM15.26%0.89pp
NPM10.45%0.50pp
EPS2.00
View full financials

KRN Heat Exchanger Reports 35% Growth in Net Profit in Q1 FY26

31 Jul 2025 · 31 Jul 2025, 08:52 pm

Summary

KRN Heat Exchanger and Refrigeration Limited has announced its Unaudited Financial Results for Q1 FY26, with a 35% growth in net profit and a 20.36% increase in total income.

Key Highlights

  1. 1

    Total segment revenue of 2115.28 Cr in Q1 FY26, reflecting a robust year-on-year growth of 20.36%

  2. 2

    Domestic revenue stood at 296.39 Cr, contributing 83.62% to the total, and marking a 17.27% increase over Q1 FY25

  3. 3

    Overseas revenue grew by 39.04% YoY to 218.89 Cr, accounting for 16.38% of total segment revenue

  4. 4

    Key markets included the UAE (8.76 Cr) and Italy (3.57 Cr)

  5. 5

    Revenue generated from a diversified international portfolio, with contributions from Canada, Croatia, France, Germany, and Spain

  6. 6

    PLI Approval: KRN HVAC Products Pvt. Ltd., subsidiary, approved for PLI Scheme for white goods

  7. 7

    Incentive Sanctioned: 2141.72 Cr granted by IFCI Ltd. to aid expansion, localization, and backward integration

  8. 8

    Commercial Operations: KRN HVAC Products Pvt. Ltd., subsidiary commenced production on May 31, 2025

  9. 9

    Product Focus: Heat Exchangers and HVAC products

Management Comments

M

Mr. Santosh Kumar

We have made a strong start to FY26. The successful commissioning of our Neemrana facility under our subsidiary, KRN HVAC Products Pvt. Ltd., marks a major milestone in our growth journey. This state-of-the-art manufacturing hub significantly enhances our ability to localize production, serve both domestic and export markets more efficiently, and strengthen backward integration.

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