Kross

Kross Limited reported profit after tax growth of approximately 40% to Rs. 10.7 crores for the quarter ended June 2025, with PAT margins improving to 7.7% from 5.2% in the same quarter last year. Revenue stood at Rs. 139.4 crores, reflecting a 5% decline compared to the previous year quarter. EBITDA margins improved to 11.6% from 11.3% in the prior year. The company attributed revenue softness to weak demand in the CV segment, partially offset by strong growth in agriculture and export segments. Export revenue contribution reached 4% in the quarter, keeping the company on track for its full-year export target of 5%. The company's new extrusion line machinery has been delivered with commercial production expected to commence from Q3 FY26, which will expand axle manufacturing capacity from 5,000 to 7,500 units per month. Construction of the seamless tube facility is on track for completion by December 2025, with production targeted to begin in Q4 FY27. The company launched tipping jack products scheduled for October 2025 and introduced car carrier axle and suspension products. Management expects the second half to perform better than the first half, projecting 10-12% top-line growth for the full year.