Kross Limited Reports FY26 Revenue of ₹673.2 Cr, PAT ₹55.2 Cr; Expands Capacity
Kross Limited reported FY26 revenue of ₹673.2 crore and PAT of ₹55.2 crore. The company has commissioned an axle beam extrusion plant and launched Tipping Jacks. A seamless tube facility is progressing, requiring ₹167 crore investment. Export contribution is targeted at 8% in two years.
The announcement includes comprehensive financial results, details on strategic capacity expansions, new product launches, and a positive outlook, which are material events for investors.
The company reported strong financial performance with growth in revenue and profit, alongside significant capacity expansion and strategic initiatives, indicating a positive outlook.
Kross Limited has announced its financial results for the quarter and financial year ended March 31, 2026. The company reported a Revenue from Operations of ₹673.2 crore for the full year, with an EBITDA of ₹87.9 crore and Profit After Tax (PAT) of ₹55.2 crore. The Chairman & Managing Director, Mr. Sudhir Rai, commented that despite a slower start in the first half, the company delivered a resilient performance driven by favorable macroeconomic conditions, GST rationalization, and a strong revival in the Commercial Vehicle segment.
In the fourth quarter of FY26, the company faced challenges due to the Middle East conflict, leading to LPG shortages and increased commodity prices, but noted a promising demand outlook across OEMs. The M&HCV segment saw strong volume growth, and the Trailer Segment recorded noticeable growth with the launch of Tipping Jacks. The Tractor & Agri Segment delivered healthy double-digit growth in FY26, with plans to increase its contribution to total revenue to approximately 15% over the next two years. Exports contributed around 4% to FY26 revenue, with plans to increase this share.
Significant capacity expansion initiatives are underway, including the launch of Tipping Jacks, commissioning of an axle beam extrusion plant, and progress on a seamless tube facility. Forging capacity has been enhanced, and a high-pressure moulding line is on track for completion by September 2026, which will double casting capacity. Technology upgradation in Axle Shaft production is also in progress.
The company's outlook for FY27 is positive, citing healthy order books, sustained demand, and nearing completion of capacity expansion projects. The Extrusion Plant, with an investment of ₹25 crore, has been commissioned and is expected to increase axle beam capacity to 7,500 units per month. The Tipping Jacks facility, a strategic entry into a high-growth segment, is targeting 250-300 units by the end of Q1 FY27, scaling to 500 units by Q3 FY27. The Seamless Tube Plant project requires an investment of approximately ₹167 crore, with a proposed completion timeline of 18 months.
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Kross Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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