KRN Heat Exchanger Q1 FY27 Results
Analysis based on 6 articles · First reported Aug 13, 2026 · Last updated Aug 13, 2026
The strong Q1 results, particularly the 119% consolidated revenue growth and 177% export surge, are likely to positively impact KRN's stock price and investor sentiment. The company's expanding international footprint and robust domestic demand signal sustained growth potential in the HVAC&R sector.
KRN Heat Exchanger and Refrigeration Limited announced its unaudited financial results for Q1 FY27 on August 13, 2026. The company reported strong growth, with consolidated revenue from operations increasing 118.87% year-on-year to INR 252.32 crore, EBITDA growing 178.85% to INR 49.06 crore, and net profit rising 164.84% to INR 32.90 crore. Standalone revenue grew 59.07% to INR 181.97 crore, with net profit up 19.02% to INR 18.67 crore. Exports surged 177.31% year-on-year to INR 52.38 crore, representing 20.76% of total revenue, with the USA as the largest export market (32.59% of overseas revenue), followed by France, Vietnam, UAE, and Italy. Domestic revenue grew 107.42% to INR 199.94 crore. Chairman and Managing Director Santosh Kumar attributed the performance to strong demand for HVAC&R solutions and successful expansion into international markets, with products reaching 14 countries. The company continues to invest in capacity, localization, and backward integration to support future growth.
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