| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 153.23 | 0.8% | 37.5% |
| Total Income | 155.09 | 0.4% | 33.3% |
| Expenditure | 129.62 | 1.6% | 33.3% |
| PBT | 25.87 | 4.0% | 35.2% |
| Net Profit | 22.66 | 25.8% | 65.1% |
| OPM | 20.54% | 0.64pp | 9.16pp |
| NPM | 14.61% | 2.94pp | 2.81pp |
| EPS | 3.65 | 25.9% | 72.2% |
KRN Heat Exchanger Marks Steady Q3 Revenue Growth Led by Consistent Order Execution; PAT Surges 65%
07 Feb 2026 · 7 Feb, 3:47 pm
Summary
KRN Heat Exchanger and Refrigeration Limited has announced its Unaudited Financial Results for Q3 & 9M FY26. The company has seen steady progress in its core business, driven by consistent execution and improving order visibility. Demand from both domestic and export customers has remained healthy, and the company has maintained delivery timelines and quality standards. The company's focus has been on building depth—stronger customer relationships, higher value products, and tighter control over operations. This has helped KRN grow in a balanced manner while improving the overall quality of earnings.
Key Highlights
- 1
Q3 FY26 Total Income: 33.29% yoy
- 2
Q3 FY26 EBITDA: 96.54% yoy
- 3
Q3 FY26 Net Profit: 65.09% yoy
- 4
9M FY26 Total Income: 31.35% yoy
- 5
9M FY26 EBITDA: 31.58% yoy
- 6
9M FY26 Net Profit: 49.45% yoy
- 7
Export Revenue Highlights 9M FY26: United Arab Emirates: 38.10%, USA: 37.28%, Canada: 8.57%, Italy: 7.60%, Other: 8.45%
Management Comments
Mr. Santosh Kumar
During the quarter and across the nine-month period, we have seen steady progress in our core business, driven by consistent execution and improving order visibility. Demand from both domestic and export customers has remained healthy, and our teams have responded well by maintaining delivery timelines and quality standards. Over the past nine months, our focus has been on building depth—stronger customer relationships, higher value products, and tighter control over operations. This has helped us grow in a balanced manner while improving the overall quality of earnings. Looking ahead, we are confident about sustaining this momentum. With a stable order pipeline, expanding export engagements, and continued emphasis on operational efficiency, we believe the business is well positioned to grow steadily and strengthen its revenue base in the coming periods.
Informational and educational content only. Not investment advice.