The Board of Directors at KRN Heat Exchanger approved the unaudited financial results for the quarter and nine months ended December 31, 2025. Revenue from operations stood at ₹15,322.76 lakhs for the quarter. The results reflect a consolidated net profit of ₹2,266.39 lakhs for the same period. Key financial metrics and segment performance are detailed in the report.
Financial Performance Highlights
KRN Heat Exchanger and Refrigeration Limited announced its unaudited financial results for the third quarter of the fiscal year, ending December 31, 2025. Key highlights from the consolidated results include:
- Revenue from Operations: ₹15,322.76 lakhs
- Total Income: ₹15,509.23 lakhs
- Profit Before Tax: ₹2,587.36 lakhs
- Net Profit: ₹2,266.39 lakhs
Segment Revenue Breakup
The company’s revenue is divided into two segments:
- India: ₹12,464.88 lakhs
- Overseas: ₹2,857.88 lakhs
Capital Employed
The report also details the capital employed, split between India and overseas segments:
- India: ₹11,429.39 lakhs
- Overseas: ₹2,792.53 lakhs
Key Financial Ratios
Key financial ratios for the quarter ending December 31, 2025:
- Basic/Diluted Earnings per Share: ₹3.65
Subsidiary Performance
The unaudited interim financial results reflect total income of ₹8,092.7 Lakhs for the quarter and total profit after tax of ₹757.08 Lakhs from two subsidiaries which were reviewed.
IPO Proceeds Utilization
The net proceeds from the IPO, amounting to ₹31,111.66 lakhs, have been allocated as follows:
- Investment in KRN HVAC Products Private Limited: ₹23,575.66 lakhs
- General corporate purposes: ₹7,536.00 lakhs
Out of the funds invested in the subsidiary, ₹1,639.94 lakhs are still pending utilization as of December 31, 2025.
Country Wise Export Revenue
The following countries contributed to the company’s export revenue, totaling ₹7,162.16 Lakhs (cumulative upto December 31, 2025):
- Belgium: ₹1.71 Lakhs
- Canada: ₹334.93 Lakhs
- China: ₹0.48 Lakhs
- Croatia: ₹0.84 Lakhs
- France: ₹329.48 Lakhs
Source: BSE
