KRN Heat Exchanger Reports Strong Q1 FY26 Performance

KRN Heat Exchanger and Refrigeration Limited revealed an 18.65% YoY rise in total income for Q1 FY26, reaching ₹117.14 Cr, alongside a 34.85% net profit surge. Significant growth in domestic and international markets complements their enhanced production capabilities with the new Neemrana facility underlining future ambitions.

KRN Heat Exchanger and Refrigeration Limited, a prominent manufacturer in the HVAC industry, announced a substantial financial performance for Q1 FY26, marked by significant growth across various metrics. The New Delhi-based company's unaudited financial results highlighted a notable 18.65% year-on-year increase in standalone total income, amounting to ₹117.14 crore.

The company's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) rose by 16.02%, totaling ₹19.79 crore, while net profits surged by an impressive 34.85%, reaching ₹15.69 crore. Despite a stagnant EPS of ₹2.52, the consolidated income stood at ₹118.86 crore, depicting a 22.56% YoY increase.

Key growth factors include robust domestic revenue and a 39.04% YoY rise in overseas earnings. The inauguration of their state-of-the-art facility in Neemrana further bolsters production and market reach. Chairman Santosh Kumar emphasized alignment with industry trends and plans to expand capacities to meet customer demands.