Stock Report

Kross Limited Reports Q1 FY27 Net Profit of ₹13.31 Crore, Up 24.4% YoY; Revenue Reaches ₹184.34 Crore

Posted On : 2026-07-24 20:41:31( TIMEZONE : IST )

Kross Limited (NSE: KROSS, BSE: 544252), a leading manufacturer of high-engineered auto components and forging products, today announced its unaudited financial results for the first quarter ended June 30, 2026 (Q1 FY27).

The company delivered a solid year-on-year (YoY) financial performance, driven by expanding operational scale and disciplined cost execution.

Financial Overview (Q1 FY27 vs Q1 FY26 & Q4 FY26)

Note: All monetary figures are converted from Rs. Millions to INR Crore for consistency (1 Crore = 10 Million).

Revenue from Operations: Grew 32.28% YoY to ₹184.34 crore, up from ₹139.36 crore in Q1 FY26 (down 18.23% QoQ from ₹225.45 crore in Q4 FY26).

Total Income: Advanced 30.60% YoY to ₹184.73 crore, compared to ₹141.44 crore in Q1 FY26 and ₹226.29 crore in Q4 FY26.

Profit Before Tax (PBT): Increased 28.53% YoY to ₹17.83 crore, compared to ₹13.87 crore in Q1 FY26 and ₹30.07 crore in Q4 FY26.

Tax Expenses: Stood at ₹4.52 crore (Current tax of ₹4.44 crore and Deferred tax of ₹0.07 crore), compared to ₹3.17 crore in Q1 FY26.

Profit After Tax (PAT): Rose 24.41% YoY to ₹13.31 crore, compared to ₹10.70 crore in Q1 FY26 (down 40.71% QoQ from ₹22.45 crore in Q4 FY26).

Total Comprehensive Income: Came in at ₹13.32 crore, up 24.97% YoY from ₹10.66 crore in Q1 FY26.

Earnings Per Share (EPS): Basic and Diluted EPS for the quarter stood at ₹2.06 per equity share (face value ₹5/- each, not annualized), up from ₹1.66 in Q1 FY26.

Key Expense Breakdown (Q1 FY27)

Total expenses for Q1 FY27 stood at ₹166.90 crore, up 30.82% YoY from ₹127.57 crore in Q1 FY26:

Cost of Materials Consumed: ₹101.61 crore (versus ₹90.08 crore in Q1 FY26 and ₹123.09 crore in Q4 FY26).

Changes in Inventories (Finished Goods & WIP): ₹0.17 crore (versus ₹23.36 crore in Q1 FY26 and -₹0.12 crore in Q4 FY26).

Employee Benefits Expense: ₹10.29 crore (versus ₹9.01 crore in Q1 FY26 and ₹11.36 crore in Q4 FY26).

Finance Costs: ₹2.11 crore (versus ₹2.05 crore in Q1 FY26 and ₹1.89 crore in Q4 FY26).

Depreciation & Amortization: ₹3.01 crore (versus ₹2.47 crore in Q1 FY26 and ₹2.47 crore in Q4 FY26).

Other Expenses: ₹49.72 crore (versus ₹38.89 crore in Q1 FY26 and ₹57.55 crore in Q4 FY26).

Capital Structure & Balance Sheet Position

Paid-Up Equity Share Capital: Stood unchanged at ₹32.26 crore (Face Value of ₹5/- per share).

Other Equity: Stood at ₹457.51 crore as of March 31, 2026.

Strategic Developments:

Precision hydraulic tipping jacks for dumpers & tip trailers successfully launched with encouraging initial feedback. 220 kits produced in Q1 FY27, with further scaling planned in subsequent quarters.

Axle Beam Extrusion Plant commissioned on February 27, 2026, Commercial production commenced in July 2026, Axle volumes increased 34% YoY.

Progress on seamless tube facility and forging capabilities. Piercing mill received; sizing and straightening mills are on high seas and progressing as per schedule

High-Pressure moulding line for foundry expected by September 2026 which will double the existing capacity in castings.

Axle Shafts production facility using advanced robotic forging technology (including material gathering and press forging processes adopted by leading global manufacturers) is on track for commissioning by September 2026.

These investments underscore Kross Limited's commitment to adopting innovative technologies and achieving greater self-reliance in critical component manufacturing.

Commenting on the performance, Mr. Sudhir Rai - Chairman & Managing Director said "We are pleased with the strong start to FY27, delivering robust revenue growth of 32.3% and healthy margin expansion leading to 39.5% EBITDA growth. Our sustained focus on innovation, operational efficiency, and strategic capacity investments has enabled us to effectively capitalise on the recovering demand across key segments while enhancing our competitive positioning. We remain confident that these initiatives, combined with a healthy execution visibility and new product contributions, will drive sustainable revenue growth, improved profitability, and long-term value creation for our shareholders."

Shares of Kross Limited was last trading in BSE at Rs. 205.60 as compared to the previous close of Rs. 205.50. The total number of shares traded during the day was 36534 in over 466 trades.

The stock hit an intraday high of Rs. 206.95 and intraday low of 200.40. The net turnover during the day was Rs. 7433038.00.