| Comment on Financial Performance Mr. Santosh Kumar, Chairman & Managing Director of KRN Heat Exchanger and Refrigeration Limited, said, “We are pleased to announce our strong financial results for the first half and Q2 of FY25, marking a significant milestone as KRN surpasses ₹100 crore in standalone revenue. This impressive performance highlights our year-on-year growth and reflects the increasing demand for our specialized heat exchanger solutions. Furthermore, our EBITDA has shown remarkable growth, underscoring our operational efficiencies and commitment to financial resilience.
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.”
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