KRN Heat Exchanger and Refrigeration Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results during their meeting held on February 6, 2026, which commenced at 3:34 PM and concluded at 3:50 PM.

Consolidated Financial Performance

The company delivered robust consolidated financial performance during Q3FY26. Revenue from operations reached ₹15,322.76 lakhs, representing substantial growth compared to ₹11,146.65 lakhs in the corresponding quarter of the previous year.

Nine Months Performance Overview

For the nine months ended December 31, 2025, the consolidated revenue from operations stood at ₹42,057.79 lakhs compared to ₹29,834.69 lakhs in the previous year. Net profit for the nine-month period reached ₹5,310.59 lakhs against ₹3,800.84 lakhs in the corresponding period last year.

Standalone Financial Results

On a standalone basis, the company reported revenue from operations of ₹13,634.43 lakhs for Q3FY26 compared to ₹10,395.21 lakhs in Q3FY25. Standalone net profit for the quarter was ₹1,509.31 lakhs versus ₹1,269.03 lakhs in the previous year.

Segment Performance and Export Revenue

The company's consolidated segment revenue breakdown shows India contributing ₹12,464.88 lakhs and overseas markets contributing ₹2,857.88 lakhs during Q3FY26. For the nine months period, total export revenue reached ₹7,162.16 lakhs, with major contributions from the United Arab Emirates (₹2,728.60 lakhs) and USA (₹2,669.73 lakhs).

Earnings Conference Call Recording Available

Following the financial results announcement, the company conducted an investors and analysts conference call on February 9, 2026. In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of the Q3&9M FY26 earnings call is now available on the company's website.

IPO Fund Utilization Status

The company has fully utilized its IPO proceeds of ₹31,111.66 lakhs as planned. Out of ₹23,575.66 lakhs invested in subsidiary KRN HVAC Products Private Limited, ₹1,639.94 lakhs were pending utilization toward the proposed project as of December 31, 2025.

Regulatory Compliance and Board Approval

The financial results were prepared in accordance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed and recommended by the Audit Committee before being approved by the Board of Directors. Chairman and Managing Director Santosh Kumar Yadav signed the official communication to BSE Limited and National Stock Exchange of India Limited. Company Secretary Jitendra Kumar Sharma digitally signed the earnings call recording notification on February 9, 2026.

KRN Heat Exchanger and Refrigeration has announced securing a significant order worth ₹20.00 crores, marking a notable milestone for the engineering company.

Order Details

The company has successfully won this substantial contract, which represents a meaningful addition to its order book. The order value of ₹20.00 crores demonstrates the company's capability to secure large-scale projects in its core business areas.

Business Impact

This order win showcases KRN Heat Exchanger and Refrigeration's competitive positioning in the heat exchanger and refrigeration equipment market. The substantial contract value indicates strong demand for the company's products and services in its operational segments.

The engineering company operates in the specialized field of heat exchanger and refrigeration systems, catering to various industrial applications. This latest order acquisition reinforces the company's ability to attract and secure significant business opportunities.

Company Profile

KRN Heat Exchanger and Refrigeration operates as an engineering company focused on manufacturing and supplying heat exchanger and refrigeration equipment. The company serves various industrial sectors requiring specialized thermal management solutions and refrigeration systems.