Electronic Components company KRN Heat Exchanger and Refrigeration announced Q1FY26 results The Company recorded a total segment revenue of Rs 115.28 crore in Q1FY26, reflecting a robust YoY growth of 20.36%. Domestic revenue stood at Rs 96.39 crore, contributing 83.62% to the total, and marking a 17.27% increase over Q1FY25. Overseas revenue grew by 39.04% YoY to Rs 18.89 crore, accounting for 16.38% of total segment revenue. Key markets included the UAE (Rs 8.76 crore) and Italy (Rs 3.57 crore). The Company also generated revenue from a diversified international portfolio, with contributions from Canada, Croatia, France, Germany, and Spain, highlighting its expanding global footprint. Santosh Kumar, Chairman & Managing Director, KRN Heat Exchanger and Refrigeration, said: “We have made a strong start to FY26. The successful commissioning of our Neemrana facility under our subsidiary, KRN HVAC Products Pvt. Ltd., marks a major milestone in our growth journey. This state-of-the-art manufacturing hub significantly enhances our ability to localize production, serve both domestic and export markets more efficiently, and strengthen backward integration. The HVAC industry continues to benefit from robust tailwinds, including sustained infrastructure development, increasing adoption of energy-efficient systems, and growing demand for thermal management solutions. KRN is strategically aligned with these trends, and we are actively scaling our capacities to meet the evolving needs of our customers. With the PLI incentive approval, we are further strengthening our value chain and reinforcing our presence in key markets, both in India and globally.” Result PDF