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Total expenses for the period under review aggregated to Rs 129.61 crore, up 33.32% YoY.
While EBITDA improved by 96.54% to Rs 31.08 crore, EBITDA margin expanded by 610 basis points to 20.28% in Q3 FY26 as compared with Q3 FY25.
Profit before tax in Q3 FY26 stood at Rs 25.87 crore, up by 35.19% from Rs 19.13 crore recorded in Q3 FY25.
Santosh Kumar, chairman & managing director of KRN Heat Exchanger and Refrigeration, said: During the quarter and across the nine-month period, we have seen steady progress in our core business, driven by consistent execution and improving order visibility.
Demand from both domestic and export customers has remained healthy, and our teams have responded well by maintaining delivery timelines and quality standards.
Over the past nine months, our focus has been on building depth'stronger customer relationships, higher value products, and tighter control over operations. This has helped us grow in a balanced manner while improving the overall quality of earnings.
With a stable order pipeline, expanding export engagements, and continued emphasis on operational efficiency, we believe the business is well positioned to grow steadily and strengthen its revenue base in the coming periods.
KRN Heat Exchanger and Refrigeration specializes in manufacturing aluminium and copper fin and tube heat exchangers, including water coils, condenser coils, and evaporator coils. Their products are widely used by OEMs in the HVAC&R industry for heating, ventilation, air conditioning, and refrigeration applications.
The scrip shed 0.25% to end at Rs 672.25 on the BSE on Friday.
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