KRN Heat Exchanger and Refrigeration Limited announced strong Q3 & 9M FY26 results, marked by steady revenue growth and a 65% surge in profit after tax (PAT). Consistent order execution drove performance, with healthy demand from both domestic and export customers. The company remains focused on strengthening customer relationships and operational efficiency.
Financial Performance Overview
KRN Heat Exchanger and Refrigeration Limited (BSE: 544263 | INEQ03J01015 | NSE: KRN) has released its unaudited financial results for Q3 and 9M FY26, showcasing robust growth and profitability.
Consolidated Results
Revenue and Profitability
Total income for Q3 FY26 reached ₹155.09 Cr, a 33.29% increase compared to ₹116.36 Cr in Q3 FY25. The company’s EBITDA surged by 96.54% to ₹31.08 Cr, with the EBITDA margin expanding to 20.28%. Net profit witnessed a substantial 65.09% increase, reaching ₹22.66 Cr.
Year-to-Date Performance
For the 9-month period, total income stood at ₹428.41 Cr, representing a 40.06% rise from ₹305.88 Cr in the previous year. Net profit increased by 39.72% to ₹53.11 Cr. Diluted EPS also increased to ₹8.54.
Standalone Results
Revenue and Profitability
Standalone total income for Q3 FY26 was ₹140.67 Cr, a 31.35% increase YoY. Net Profit increased 18.93% to ₹15.09 Cr. Diluted EPS increased 25.91% to ₹2.43.
Year-to-Date Performance
For the 9-month period, standalone total income reached ₹485.02 Cr, an increase of 58.35%. Net profit increased 49.45% to ₹54.44 Cr.
Export Revenue Analysis (9M FY26)
The company’s export revenue is significantly contributed by:
- United Arab Emirates: 38.10%
- USA: 37.28%
- Canada: 8.57%
- Italy: 7.60%
- Other: 8.45%
Management Commentary
Mr. Santosh Kumar, Chairman & Managing Director of KRN Heat Exchanger and Refrigeration Limited, stated that consistent execution and improving order visibility have driven the company’s progress. He emphasized the healthy demand from domestic and export customers and the company’s commitment to maintaining delivery timelines and quality standards.
Source: BSE
