{"id":55842,"date":"2025-08-04T11:58:56","date_gmt":"2025-08-04T06:28:56","guid":{"rendered":"https:\/\/newswiredelhi.com\/index.php\/2025\/08\/04\/krn-heat-exchanger-reports-35-growth-in-net-profit-in-q1-fy26\/"},"modified":"2025-08-04T11:58:56","modified_gmt":"2025-08-04T06:28:56","slug":"krn-heat-exchanger-reports-35-growth-in-net-profit-in-q1-fy26","status":"publish","type":"post","link":"https:\/\/newswiredelhi.com\/index.php\/2025\/08\/04\/krn-heat-exchanger-reports-35-growth-in-net-profit-in-q1-fy26\/","title":{"rendered":"KRN Heat Exchanger Reports 35% Growth in Net Profit in Q1 FY26"},"content":{"rendered":"
\n

New Delhi [India], August 4:<\/strong> <\/span>KRN Heat Exchanger and Refrigeration Limited (NSE \u2013 KRN | BSE \u2013 544263), One of the prominent manufacturers and exporters of aluminium\/copper fins, copper tube heat exchangers, water coils, and condenser and evaporator coils has announced its Unaudited Financial Results for Q1 FY26.<\/p>\n

Q1 FY26 Standalone Key Financial Highlights<\/p>\n

Total Income of \u20b9 117.14 Cr, YoY growth of 18.65%
\nEBITDA of \u20b9 19.79 Cr, YoY growth of 16.02%
\nNet Profit of \u20b9 15.69 Cr, YoY growth of 34.85%
\nEPS of \u20b9 2.52, YoY growth of 0.00%<\/p>\n

Q1 FY26 Consolidated Key Financial Highlights<\/p>\n

Total Income of \u20b9 118.86 Cr, YoY growth of 22.56%
\nEBITDA of \u20b9 17.59 Cr, YoY change of -0.58%
\nNet Profit of \u20b9 12.42 Cr, YoY growth of 3.77%
\nEPS of \u20b9 2.00, YoY change of -22.78%
\nOther Key Highlights for Q1 FY26 \u2013 Consolidated<\/p>\n

The Company recorded a total segment revenue of \u20b9115.28 Cr in Q1 FY26, reflecting a robust year-on-year growth of 20.36%.
\nDomestic revenue stood at \u20b996.39 Cr, contributing 83.62% to the total, and marking a 17.27% increase over Q1 FY25.
\nOverseas revenue grew by 39.04% YoY to \u20b918.89 Cr, accounting for 16.38% of total segment revenue. Key markets included the UAE (\u20b98.76 Cr) and Italy (\u20b93.57 Cr).
\nThe Company also generated revenue from a diversified international portfolio, with contributions from Canada, Croatia, France, Germany, and Spain, highlighting its expanding global footprint.<\/p>\n

Comment on Financial Performance Mr. Santosh Kumar, Chairman & Managing Director of KRN Heat Exchanger and Refrigeration Limited said, \u201cWe have made a strong start to FY26. The successful commissioning of our Neemrana facility under our subsidiary, KRN HVAC Products Pvt. Ltd., marks a major milestone in our growth journey. This state-of-the-art manufacturing hub significantly enhances our ability to localize production, serve both domestic and export markets more efficiently, and strengthen backward integration.<\/p>\n

The HVAC industry continues to benefit from robust tailwinds, including sustained infrastructure development, increasing adoption of energy-efficient systems, and growing demand for thermal management solutions. KRN is strategically aligned with these trends, and we are actively scaling our capacities to meet the evolving needs of our customers. With the PLI incentive approval, we are further strengthening our value chain and reinforcing our presence in key markets, both in India and globally.\u201d<\/p>\n

Q1 FY26 Key Business Highlights<\/strong><\/p>\n\n\n\n\n
Subsidiary Secures PLI Incentive<\/strong><\/td>\n\n
    \n
  • PLI Approval<\/strong>: KRN HVAC Products Pvt. Ltd., subsidiary, approved under PLI Scheme for white goods.<\/li>\n
  • Incentive Sanctioned<\/strong>:\u00a0\u20b9141.72 Cr granted by IFCI Ltd.<\/li>\n
  • Purpose<\/strong>: To aid expansion, localization, and backward integration.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
Subsidiary Commences Production at Neemrana Plant<\/strong><\/td>\n\n
    \n
  • Commercial Operations:\u00a0<\/strong>KRN HVAC Products Pvt. Ltd., subsidiary commenced production on May 31, 2025.<\/li>\n
  • Location:\u00a0<\/strong>RIICO Industrial Area, Neemrana, Alwar, Rajasthan.<\/li>\n
  • Product Focus:\u00a0<\/strong>Heat Exchangers and HVAC products.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    New Delhi [India], August 4: KRN Heat Exchanger and Refrigeration Limited (NSE \u2013 KRN | BSE \u2013 544263), One of the prominent manufacturers and exporters of aluminium\/copper fins, copper tube […]<\/p>\n","protected":false},"author":1,"featured_media":55843,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_rishi_post_view_count":131},"categories":[4],"tags":[54],"class_list":["post-55842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","rishi-post"],"rishi__cb_customizer_meta":"","comments_count":"0","_links":{"self":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/55842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/comments?post=55842"}],"version-history":[{"count":0,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/55842\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media\/55843"}],"wp:attachment":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media?parent=55842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/categories?post=55842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/tags?post=55842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}