Kross Limited announced its standalone financial results for Q1 FY27 ended 24th July 2026.

Financial Performance (Standalone)

Revenue from Operations: ₹1,843.4 million in Q1FY27 vs ₹1,393.6 million in Q1FY26, representing 32.3% year-on-year growth.

Total Expenditure: ₹1,617.9 million in Q1FY27 vs ₹1,231.9 million in Q1FY26, representing 31.3% year-on-year growth.

EBITDA: ₹225.5 million in Q1FY27 vs ₹161.7 million in Q1FY26, representing 39.5% year-on-year growth.

EBITDA Margin: 12.2% in Q1FY27 vs 11.6% in Q1FY26, an expansion of 63 basis points.

Profit After Tax (PAT): ₹133.1 million in Q1FY27 vs ₹107.0 million in Q1FY26, representing 24.4% year-on-year growth.

PAT Margin: 7.2% in Q1FY27 vs 7.7% in Q1FY26, a contraction of 46 basis points.

The moderate PAT growth compared to EBITDA growth was primarily due to higher depreciation from strategic capital investments.

Operational Highlights

Strong growth was driven by robust demand in M&HCV and Trailer segments, continued recovery in Tractor & Agri segments, and benefits from capacity expansions. Operational excellence and backward integration supported resilient performance amid input cost pressures.

Strategic Developments

New Product Launch: Precision hydraulic tipping jacks for dumpers & tip trailers successfully launched with encouraging initial feedback. 220 kits produced in Q1 FY27, with further scaling planned in subsequent quarters.

Capacity Expansion Projects:

  • Axle Beam Extrusion Plant commissioned on February 27, 2026
  • Commercial production commenced in July 2026
  • Axle volumes increased 34% YoY
  • Progress on seamless tube facility and forging capabilities
  • Piercing mill received; sizing and straightening mills are on high seas and progressing as per schedule
  • High-Pressure moulding line for foundry expected by September 2026 which will double the existing capacity in castings
  • Axle Shafts production facility using advanced robotic forging technology (including material gathering and press forging processes) is on track for commissioning by September 2026

Management Commentary

Mr. Sudhir Rai, Chairman & Managing Director, commented: "We are pleased with the strong start to FY27, delivering robust revenue growth of 32.3% and healthy margin expansion leading to 39.5% EBITDA growth. Our sustained focus on innovation, operational efficiency, and strategic capacity investments has enabled us to effectively capitalise on the recovering demand across key segments while enhancing our competitive positioning. We remain confident that these initiatives, combined with a healthy execution visibility and new product contributions, will drive sustainable revenue growth, improved profitability, and long-term value creation for our shareholders."

Company Background

Kross Limited is an integrated automotive component manufacturer with over 3 decades of operating history, specialising in trailer axles, suspension assemblies, and safety-critical forged, cast and machined components for M&HCVs, tractors, and off-highway vehicles. The company is backward integrated across design, forging, casting, heat treatment, machining, and surface coating, and is among the prominent trailer axle & suspension manufacturers in India. Company is a key supplier to various OEMs, including leading players in the commercial vehicle and tractor segments.

Disclaimer

The document contains forward-looking statements subject to risks and uncertainties including domestic and international economic conditions, changes in government regulations, tax regime and other statutes. The company does not undertake to revise any forward-looking statements.