KRN Heat Exchanger Q2 FY27 standalone revenue Rs 167.07 cr; PAT Rs 15.56 cr

What the numbers show

• Net margin was 9.31% of revenue, down 127 bps from 10.59%.
• Total expenses fell 23.7% while revenue fell 25.2%.
• Cost of materials took 78.0% of revenue, against 35.4% a year earlier.

• Revenue from operations (standalone, Q2 FY27): Rs 167.07 cr vs Rs 223.42 cr in Q2 FY26
• Other income: Rs 3.01 cr vs Rs 3.79 cr
• Total income: Rs 170.07 cr vs Rs 227.21 cr
• Cost of materials consumed: Rs 130.24 cr vs Rs 79.05 cr
• Purchase of stock-in-trade: Rs 15.07 cr vs Rs 104.08 cr
• Changes in inventories of finished goods, work-in-progress and stock-in-trade: Rs (8.76) cr vs Rs 0.4627 cr
• Employee benefit expenses: Rs 4.69 cr vs Rs 5.88 cr
• Finance costs: Rs 1.38 cr vs Rs 0.805 cr
• Depreciation and amortisation expense: Rs 0.7717 cr vs Rs 0.9418 cr
• Other expenses: Rs 5.83 cr vs Rs 4.35 cr
• Total expenses: Rs 149.23 cr vs Rs 195.57 cr
• Profit before tax: Rs 20.85 cr vs Rs 31.64 cr
• Tax expense (total): Rs 5.29 cr vs Rs 7.98 cr
• Profit for the period (PAT): Rs 15.56 cr vs Rs 23.66 cr
• Earnings per share (Basic/Diluted): 2.37 vs 3.81

According to the standalone statement of financial results for the quarter ended 30th September, 2026, KRN Heat Exchanger And Refrigeration Ltd reported revenue from operations of Rs 167.07 cr, compared with Rs 223.42 cr in the corresponding quarter ended 30th September, 2025. Total income, including other income of Rs 3.01 cr, stood at Rs 170.07 cr versus Rs 227.21 cr a year earlier.

On the cost side, cost of materials consumed rose to Rs 130.24 cr from Rs 79.05 cr, while purchase of stock-in-trade declined to Rs 15.07 cr from Rs 104.08 cr. Changes in inventories of finished goods, work-in-progress and stock-in-trade moved to Rs (8.76) cr from Rs 0.4627 cr. Employee benefit expenses were Rs 4.69 cr against Rs 5.88 cr, finance costs were Rs 1.38 cr versus Rs 0.805 cr, and depreciation and amortisation expense was Rs 0.7717 cr compared with Rs 0.9418 cr. Other expenses increased to Rs 5.83 cr from Rs 4.35 cr. Total expenses for the quarter were Rs 149.23 cr, down from Rs 195.57 cr in the same quarter of the previous year.

Profit before tax for the quarter was Rs 20.85 cr, compared with Rs 31.64 cr in the year-ago quarter, as per the statement of financial results. Total tax expense (including current tax and deferred tax) was Rs 5.29 cr versus Rs 7.98 cr. Profit for the period (PAT) came in at Rs 15.56 cr, down from Rs 23.66 cr in the corresponding quarter. Basic and diluted earnings per share for the quarter were reported at 2.37, compared with 3.81 a year earlier, based on a paid-up equity share capital of Rs 65.46 cr (face value Rs 10 each) in the current quarter and Rs 62.16 cr in the prior-year quarter.