Kranti Industries Reports Strong Q1 Results, Appoints New Directors
Kranti Industries Limited has shown a significant financial turnaround in Q1, with standalone net profit rising to Rs. 66.64 lakh from a loss of Rs. 7.17 lakh in the previous year. Consolidated net profit improved to Rs. 59.63 lakh from a loss of Rs. 97.53 lakh. The company also announced key board appointments, including the reappointment of Mr. Satchidanand Arun Ranade as Independent Director and the addition of two new Independent Directors. M/s. H. J. Patel & Co. was appointed as Secretarial Auditors for five years. The 30th Annual General Meeting was scheduled with a book closure period from September 6-12, 2025.
29Jul 25
Kranti Industries Secures Strategic Orders from EKA Mobility and Ingersoll Rand
Kranti Industries Limited has received two significant purchase orders: a domestic order worth ₹5.00 lakh from EKA Mobility for tooling cost in electric three-wheeler segment, and an international order of approximately $2.21 lakh from Ingersoll-Rand Industrial U.S., Inc. for manufacturing tooling parts for housing components. These orders mark Kranti's expansion into electric mobility and strengthen its global presence. The company, with over four decades of experience in auto ancillary sector, operates three state-of-the-art units in Pune with advanced machining capabilities.
24Jul 25
Kranti Industries Secures Two New Purchase Orders, Expands Customer Base
Kranti Industries Limited has received two new purchase orders: a ₹5 lakh order from Pinnacle Mobility Solutions Private Limited for tooling costs, and a USD 221,000 (approx. ₹184 lakh) order from Ingersoll-Rand Industrial U.S., Inc. for manufacturing tooling parts. The company also obtained BSE trading approval for 2,50,000 equity shares issued on a preferential basis.
15Mar 25
Kranti Industries Secures Export Order from Canadian Firm CGL Manufacturing
Kranti Industries Limited has received a new export part development and purchase order from CGL Manufacturing Inc., a Canadian company. The order, valued at approximately USD 49,718 (₹4.13 crore), is for the development and supply of industrial machinery parts (alternator housings). The order is to be executed by June 30, 2025. This marks Kranti's entry into a new international market, expanding its global footprint and showcasing its capabilities in creating custom solutions for international clients.
03Mar 25
Kranti Industries Secures ₹3.50 Crore Annual Contract with Kalyani Techno Forge for Differential Housing Production
Kranti Industries Limited has received approval for large-scale production of differential housing for Kalyani Techno Forge Limited (KTFL), following successful testing and validation. The project is estimated to generate annual job-work revenue of approximately ₹3.50 crore. This expansion comes after an initial sample order in July 2023 and marks a significant milestone in Kranti's growth strategy, showcasing its capabilities in precision component manufacturing.