Latest news with #KRNHeatExchangerandRefrigeration
Business Standard
15-05-2025
- Business
- Business Standard
KRN HVAC Products receives approval for PLI incentives of Rs 141.72 cr
KRN Heat Exchanger and Refrigeration announced that in order to take the benefits of the Performance Linked Incentive (PLI) Scheme (herein referred to as PLI Scheme) for white goods (Air Conditioners and LEDs) Products, notified vide Gazette Notification No. CG-DL-E-16042021-226671 dated 16 April 2021 and PLI Scheme Guidelines issued thereunder, the Company's wholly owned subsidiary namely KRN HVAC Products Private Limited had made an application with IFCI (a government of India undertaking) and received an approval of incentives amounting to Rs 141.72 PLI Scheme is aimed at making India a global manufacturing hub for white goods (Air Conditioners and LEDs) products under "Make in India" initiative. Powered by Capital Market - Live News
Business Standard
12-05-2025
- Business
- Business Standard
KRN Heat Exchanger and Refrigeration consolidated net profit rises 23.40% in the March 2025 quarter
Sales rise 60.37% to Rs 131.50 crore Net profit of KRN Heat Exchanger and Refrigeration rose 23.40% to Rs 14.87 crore in the quarter ended March 2025 as against Rs 12.05 crore during the previous quarter ended March 2024. Sales rose 60.37% to Rs 131.50 crore in the quarter ended March 2025 as against Rs 82.00 crore during the previous quarter ended March 2024. For the full year,net profit rose 34.25% to Rs 52.88 crore in the year ended March 2025 as against Rs 39.39 crore during the previous year ended March 2024. Sales rose 39.43% to Rs 429.85 crore in the year ended March 2025 as against Rs 308.28 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 131.5082.00 60 429.85308.28 39 OPM % 14.3721.44 - 16.4018.96 - PBDT 22.3018.26 22 78.9559.92 32 PBT 21.1217.30 22 74.3255.93 33 NP 14.8712.05 23 52.8839.39 34
