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.

Devdiscourse News Desk | New Delhi | Updated: 04-08-2025 11:40 IST | Created: 04-08-2025 11:40 IST

KRN Heat Exchanger Reports Strong Q1 FY26 Performance — RN Heat Exchanger & Refrigeration Ltd announces Q1 FY26 unaudited results; continues strong performance in heat exchanger and coil manufacturing sector. Image Credit: ANI

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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.

(With inputs from agencies.)