KRN Heat Exchanger and Refrigeration Limited (KRN) — Financial Results | 13 August 2026(2 announcements)

KRN Heat Exchanger and Refrigeration Limited reported consolidated revenue of ₹252.32 crores for Q1 FY27, reflecting a 118.87% YoY increase driven by strong domestic and export growth. The company posted consolidated net profit of [amount context mismatch] crores, up sharply from ₹12.42 crores in the same quarter last year, with PAT margin expanding to 13.04% from 10.77%. EBITDA margin also improved to 19.44% from 15.26% YoY, supported by operational efficiency and higher revenue contribution. Export revenue surged 177% YoY, with overseas markets now contributing significantly across 14 countries. The results underscore robust demand for HVAC and refrigeration solutions, particularly in international markets, and validate the company’s scaling strategy post-listing.

KRN Heat Exchanger reported robust Q1 FY27 results with revenue jumping 118.87% YoY to ₹181.97 crores and net profit surging 164.84% YoY to ₹18.67 crores. EBITDA rose 178.85% to ₹24.67 crores, though margins declined due to margin pressure. Export revenue grew 177% to [amount context mismatch] crores, representing 20.76% of total revenue. The company highlighted strong demand across domestic and international markets, with the USA as the top export destination. A ₹350 crore QIP was completed during the quarter, and the Neemrana facility received a ₹182.95 crore state incentive. The CFO was appointed in May 2026, and recent order wins signal ongoing growth momentum.