{"id":60812,"date":"2025-11-06T17:27:06","date_gmt":"2025-11-06T11:57:06","guid":{"rendered":"https:\/\/newswiredelhi.com\/index.php\/2025\/11\/06\/krn-heat-exchangers-q2fy26-net-profit-nearly-doubles-on-strong-revenue-automotive-hvac-segment-provides-boost\/"},"modified":"2025-11-06T17:27:06","modified_gmt":"2025-11-06T11:57:06","slug":"krn-heat-exchangers-q2fy26-net-profit-nearly-doubles-on-strong-revenue-automotive-hvac-segment-provides-boost","status":"publish","type":"post","link":"https:\/\/newswiredelhi.com\/index.php\/2025\/11\/06\/krn-heat-exchangers-q2fy26-net-profit-nearly-doubles-on-strong-revenue-automotive-hvac-segment-provides-boost\/","title":{"rendered":"KRN Heat Exchanger\u2019s Q2FY26 Net Profit Nearly Doubles on Strong Revenue; Automotive HVAC Segment Provides Boost"},"content":{"rendered":"<div>\n<p><span data-sheets-root=\"1\"><strong>Jaipur (Rajasthan) [India], November 6:<\/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 Q2 &amp; H1 FY26.<\/p>\n<h4>Key Financial Highlights<\/h4>\n<p><strong>Standalone\u00a0Q2 FY26<\/strong><\/p>\n<ul>\n<li>Total Income of \u20b9 227.22 Cr, YoY growth of 126.13%<\/li>\n<li>EBITDA of \u20b9 29.60 Cr, YoY growth of 68.56%<\/li>\n<li>Net Profit of \u20b9 23.66 Cr, YoY growth of 95.38%<\/li>\n<li>Diluted EPS of \u20b9 3.81, YoY growth of 46.54%<\/li>\n<\/ul>\n<p><strong>Standalone\u00a0H1 FY26<\/strong><\/p>\n<ul>\n<li>Total Income of \u20b9 344.35 Cr, YoY growth of 72.87%<\/li>\n<li>EBITDA of \u20b9 49.38 Cr, YoY growth of 42.63%<\/li>\n<li>Net Profit of \u20b9 39.33 Cr, YoY growth of 65.74%<\/li>\n<li>Diluted EPS of \u20b9 6.33, YoY growth of 23.63%<\/li>\n<\/ul>\n<p><strong>Consolidated\u00a0Q2 FY26<\/strong><\/p>\n<ul>\n<li>Total Income of \u20b9 154.46 Cr, YoY growth of 66.91%<\/li>\n<li>EBITDA of \u20b9 30.25 Cr, YoY growth of 67.03%<\/li>\n<li>Net Profit of \u20b9 17.99 Cr, YoY growth of 46.14%<\/li>\n<\/ul>\n<p><strong>Consolidated\u00a0H1 FY26<\/strong><\/p>\n<ul>\n<li>Total Income of \u20b9 273.32 Cr, YoY growth of 44.22%<\/li>\n<li>EBITDA of \u20b9 47.85 Cr, YoY growth of 33.62%<\/li>\n<li>Net Profit of \u20b9 30.43 Cr, YoY growth of 25.28%<\/li>\n<\/ul>\n<p><strong>Export Revenue Highlights\u00a0H1 FY26- Consolidated<\/strong><\/p>\n<ul>\n<li>United Arab Emirates: 47.43%<\/li>\n<li>USA: 20.01%<\/li>\n<li>Canada: 18.86%<\/li>\n<li>Italy: 11.07%<\/li>\n<li>Other: 2.63%<\/li>\n<li>Total: 100.00%<\/li>\n<\/ul>\n<p>Comment on Financial Performance Mr. Santosh Kumar, Chairman &amp; Managing Director of KRN Heat Exchanger and Refrigeration Limited said,\u00a0\u201cWe are pleased with the strong performance achieved during the second quarter and first half of FY26, marking another step forward in KRN\u2019s growth journey. This period has been especially significant as we took several strategic steps that strengthen our foundation for the future. The acquisition of the Bus Air-Conditioning division of Sphere Refrigeration Systems is a key milestone that expands our presence in the automotive HVAC segment, while the CRISIL A\u2013 rating with a stable outlook reflects our sound financial health and credibility. These developments, combined with consistent operational progress, underline the growing strength and resilience of KRN.<\/p>\n<p>Looking ahead, our focus remains on enhancing product quality, broadening our global footprint, and nurturing long-term customer relationships. The achievements of Q2 and H1 FY26 give us strong\u00a0confidence in our direction, and we are committed to continuing this positive momentum as KRN evolves into a globally trusted name in the HVAC industry.\u201d<\/p>\n<h4>Key Business Highlights<\/h4>\n<p><strong>Strategic Acquisition<\/strong><\/p>\n<ul>\n<li>KRN HVAC Products Pvt. Ltd., a wholly owned subsidiary of KRN Heat Exchanger, signed a Business Transfer Agreement to acquire the Bus Air-Conditioning division of Sphere Refrigeration Systems Pvt. Ltd.<\/li>\n<li>The deal includes transfer of all operations, assets, and employees to KRN HVAC.<\/li>\n<li>The acquisition strengthens KRN\u2019s automotive HVAC presence and supports growth and profitability.<\/li>\n<\/ul>\n<p><strong>CRISIL Rating Update<\/strong><\/p>\n<ul>\n<li>The Company has been assigned a CRISIL A\u2013 rating with a Stable Outlook for its bank facilities, reflecting the company\u2019s strong credit profile, sound financial management, and consistent operational performance.<\/li>\n<\/ul>\n<p><em> If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Jaipur (Rajasthan) [India], November 6: 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":60813,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_rishi_post_view_count":69},"categories":[4],"tags":[54],"class_list":["post-60812","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\/60812","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=60812"}],"version-history":[{"count":0,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/60812\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media\/60813"}],"wp:attachment":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media?parent=60812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/categories?post=60812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/tags?post=60812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}