KROSSNSEKross LimitedHighNeutral
Announced Tue, 12 May · 19:19 IST

Kross Limited has submitted to the Exchange, that the Financial Results for the quarter and financial year ended on 31st March 2026, duly reviewed by the Audit Committee and approved by the Board of the Directors at their meeting held today i.e. 12 May 2026 is submitted

Ebitda Margin ExpansionEmphasis Of MatterResults View source PDF

KROSS · price

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Price reaction · full curve 14 horizons · vs prior close
-5.4%1-day move
₹203.50
prior close
₹215.00
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AI summary

Kross Limited reported audited standalone results for FY2026 with revenue from operations of Rs. 6,732.01 million, up 8.5% from Rs. 6,204.10 million in FY2025. Profit after tax (PAT) grew 15% to Rs. 552.14 million from Rs. 480.27 million. The company manufactures motor vehicle parts and accessories. Q4 revenue was Rs. 2,254.48 million (up ~22% YoY). Statutory auditors S K Naredi & Co LLP issued an unmodified opinion. The Board also appointed new cost auditor (M/s. Sohan Lal Jalan and Associate) and internal auditor (GWC Professional Services) for FY2026-27. Note 11 highlights a Rs. 45.45 million contingent asset from a Jharkhand High Court order quashing electricity duty levy, pending finality of potential appeal.

Likely market impact

The company delivered steady revenue and profit growth with EBITDA margin expansion from ~24.3% to ~26.8%. The unmodified audit opinion and appointment of new auditors indicate good governance. The electricity duty case represents a potential future benefit but remains contingent on appeal outcome.