KRN Heat Exchanger and Refrigeration Crosses Rs100 Crore, Standalone Revenue In Q2 FY25

• Geographic Revenue Split for Consolidated Q2 FY25

·       Domestic (India): 80.89%, amounting to ₹73.69 crores

·       International: 19.11%, amounting to ₹17.40 crores

• Investment Expansion

·       KRN’s wholly owned subsidiary, KRN HVAC Products Private Limited, recently signed a MOU with the Government of Rajasthan, outlining a proposed investment of ₹1,000 crore, underscoring KRN’s commitment to growth and manufacturing excellence in the region.

Our recent listing on the NSE and BSE in October 2024 represents an exciting advancement for our company, demonstrating investor confidence in our vision and creating new opportunities for future growth. We are encouraged by the enthusiastic response from the market and believe that our enhanced public presence will bolster our strategic expansions and elevate our capabilities to serve global markets effectively.

As we look ahead, we remain committed to sustaining this momentum and driving long-term value. We extend our heartfelt gratitude to our employees and customers, whose trust and support have been instrumental to our success. With these robust financial results and promising opportunities on the horizon, we are optimistic about the journey ahead.”