KRN Heat Exchanger and Refrigeration's Q1 FY 2025-26 Quarter Results

Result Summary

• KRN Heat Exchanger and Refrigeration Ltd reported a 42.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 22.6%.
• Its expenses for the quarter were up by 51.5% QoQ and 25.4% YoY.
• The net profit increased 3.1% QoQ and increased 3.8% YoY.
• The earnings per share (EPS) of KRN Heat Exchanger and Refrigeration Ltd stood at 2 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

KRN Heat Exchanger and Refrigeration Ltd operates within the industrial sector, focusing on the production and distribution of heat exchanger and refrigeration products. These products are essential components in various industries, including automotive, manufacturing, and HVAC (heating, ventilation, and air conditioning) systems. The company is known for its engineering expertise, providing efficient and reliable solutions for temperature regulation and energy conservation. While specific recent developments are not detailed within the provided data, KRN Heat Exchanger and Refrigeration Ltd is likely involved in continuous innovation to enhance its product offerings in line with industry advancements and environmental standards.

Revenue

In the first quarter of fiscal year 2026, KRN Heat Exchanger and Refrigeration Ltd reported a total income of ₹118.86 crores. This marks a significant increase in revenue compared to the previous quarter (Q4FY25), where the total income was ₹83.69 crores, representing a quarter-over-quarter (QoQ) growth of 42.0%. On a year-over-year (YoY) basis, the company also experienced a notable rise in revenue from ₹96.98 crores in Q1FY25 to ₹118.86 crores in Q1FY26, reflecting a 22.6% increase. These figures indicate robust revenue growth for the company over both the quarterly and annual periods.

Profitability

The profitability of KRN Heat Exchanger and Refrigeration Ltd shows a steady upward trend. For Q1FY26, the profit before tax was ₹18.29 crores, up from ₹17.30 crores in the preceding quarter (Q4FY25), marking a 5.7% increase. When compared to the same quarter in the previous year (Q1FY25), where the profit before tax was ₹16.76 crores, there is an increase of 9.1%. The profit after tax for Q1FY26 stands at ₹12.42 crores, showing a 3.1% increase from ₹12.05 crores in Q4FY25, and a 3.8% increase from ₹11.97 crores in Q1FY25. The tax expense for the quarter was ₹5.87 crores, which is a rise from ₹5.25 crores in Q4FY25 and ₹4.79 crores in Q1FY25, reflecting an increase of 11.8% QoQ and 22.5% YoY.

Operating Metrics

The operating metrics of KRN Heat Exchanger and Refrigeration Ltd reveal significant changes in expenses and earnings per share. Total expenses for Q1FY26 were ₹100.57 crores, which represents a 51.5% increase from the previous quarter (Q4FY25) where expenses were ₹66.39 crores. Compared to Q1FY25, where expenses were ₹80.22 crores, there is a 25.4% increase. The earnings per share for Q1FY26 are noted as ₹2.00, which is a decrease from ₹2.60 in Q4FY25, reflecting a 23.1% decline. However, a comparison to Q1FY25 is not available due to the earnings per share being reported as ₹0.00 for that period. These metrics provide insight into the company's cost management and shareholder value trends over the recent quarters.