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KRN Heat Exchanger And Refrigeration Ltd Q2 FY26 Results

KRNQ2 FY26 Results
Filing
MetricValue ( Cr)Q1 FY26Q2 FY25
Revenue152.0731.9%66.9%
Total Income154.4629.9%66.9%
Expenditure127.5226.8%69.5%
PBT26.9447.3%55.7%
Net Profit18.0245.1%46.4%
OPM19.90%4.64pp4.96pp
NPM11.67%1.22pp1.63pp
EPS2.9045.0%9.8%
View full financials

KRN Heat Exchanger’s Q2FY26 Net Profit Nearly Doubles on Strong Revenue; Automotive HVAC Segment Provides Boost

05 Nov 2025 · 5 Nov 2025, 03:58 pm

Summary

KRN Heat Exchanger and Refrigeration Limited has announced its Unaudited Financial Results for Q2 & H1 FY26. The company's net profit has nearly doubled in Q2 FY26 compared to Q2 FY25. The automotive HVAC segment has provided a significant boost to the company's revenue. The company has also acquired the Bus Air-Conditioning division of Sphere Refrigeration Systems Pvt. Ltd. and has been assigned a CRISIL A- rating with a Stable Outlook.

Key Highlights

  1. 1

    Q2 FY26 Net Profit Nearly Doubles

  2. 2

    Strong Revenue Growth in Q2 FY26

  3. 3

    Automotive HVAC Segment Provides Boost

  4. 4

    Acquisition of Bus Air-Conditioning division of Sphere Refrigeration Systems Pvt. Ltd.

  5. 5

    CRISIL A- rating with a Stable Outlook

Management Comments

M

Mr. Santosh Kumar

We are pleased with the strong performance achieved during the second quarter and first half of FY26, marking another step forward in KRN’s growth journey. This period has been especially significant as we took several strategic steps that strengthen our foundation for the future. The acquisition of the Bus Air-Conditioning division of Sphere Refrigeration Systems is a key milestone that expands our presence in the automotive HVAC segment, while the CRISIL A- rating with a stable outlook reflects our sound financial health and credibility. These developments, combined with consistent operational progress, underline the growing strength and resilience of KRN. Looking ahead, our focus remains on enhancing product quality, broadening our global footprint, and nurturing long-term customer relationships. The achievements of Q2 and H1 FY26 give us strong confidence in our direction, and we are committed to continuing this positive momentum as KRN evolves into a globally trusted name in the HVAC industry.

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