outcome of Board Meeting

KRN Heat Exchanger reported strong FY26 results with consolidated revenue of Rs 60,005.77 Lakhs (up 40% from Rs 42,984.93 Lakhs in FY25) and consolidated PAT of Rs 7,646.74 Lakhs (up 45% from Rs 5,287.54 Lakhs). Standalone revenue grew 57% to Rs 67,623.01 Lakhs with PAT of Rs 7,130.53 Lakhs. The company appointed Mr. Pawan Nawal as CFO and Key Managerial Personnel effective May 15, 2026, and re-designated Mr. Sonu Gupta as General Manager (Finance). IPO proceeds of Rs 31,111.66 Lakhs have been fully utilized as per prospectus, with Rs 271.61 Lakhs still pending deployment toward the Neemrana manufacturing project. One subsidiary (KRN HVAC Products) reported annual revenue of Rs 21,885.89 Lakhs with net profit of Rs 611.17 Lakhs, while another subsidiary (Thermotech Research Laboratory) reported a loss of Rs 94.97 Lakhs.