Kross LimitedQ2 FY27 Results & Financial Update
Kross Limited: Q2 FY27 standalone results and company financials – revenue ₹235.09 Cr, PAT ₹19.69 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Quarter overview
Quarterly earnings analysis
Kross Limited reported standalone revenue from operations of INR 235.09 crore for the quarter ended September 30, 2026 (Q2 FY27), reflecting a strong sequential expansion of 27.53% compared to INR 184.34 crore recorded in the preceding quarter (Q1 FY27).
Total income for the quarter stood at INR 237.27 crore, supported by other income of INR 2.17 crore, which experienced a marked sequential increase compared to INR 0.39 crore in the previous quarter.
Profit before tax (PBT) for Q2 FY27 reached INR 26.95 crore, up 51.20% from INR 17.83 crore in Q1 FY27, driven by robust top-line growth and effective operational scale.
Net profit after tax (PAT) for the quarter advanced to INR 19.69 crore, registering a sequential surge of 47.87% compared to INR 13.31 crore in the first quarter of the fiscal year.
Basic earnings per share (EPS) for Q2 FY27 improved correspondingly to INR 3.08 per share, compared to INR 2.06 per share reported in the previous sequential quarter.
The net profit margin expanded to 8.37% for the current quarter, representing a sequential improvement of approximately 115 basis points compared to 7.22% in Q1 FY27.
Total expenses for the period included finance costs of INR 2.59 crore, depreciation and amortization expenses of INR 3.23 crore, tax expenses of INR 7.27 crore, and provisions amounting to INR 0.55 crore.
Kross Limited reported standalone revenue from operations of INR 235.09 crore for the quarter ended September 30, 2026, marking a significant expansion compared to the preceding quarter.
01 · Business model
What does Kross do?
Kross Limited is a specialized manufacturer and supplier of trailer axle assemblies, suspension systems, and a diverse range of high-performance forged and machined precision safety-critical components for the commercial vehicle industry.
The company's core manufacturing operations cater to leading medium and heavy commercial vehicle (M&HCV) original equipment manufacturers (OEMs), serving both domestic and international markets with heavy-duty automotive parts.
Kross operates integrated manufacturing facilities equipped with modern forging, machining, heat treatment, and fabrication lines to meet rigorous industry quality and reliability standards.
The company generates its primary revenue from high-volume production and supply of axle assemblies, tractor-trailer components, power take-off (PTO) shafts, and related safety-critical forged components.
02 · Financial snapshot
Current quarter vs the available comparable
| Metric | Q2 FY27 | Previous quarter |
|---|---|---|
| Revenue from operations | ₹235.09 Cr | ₹184.34 Cr |
| Total income | ₹237.27 Cr | ₹184.73 Cr |
| Profit before tax | ₹26.95 Cr | ₹17.83 Cr |
| Profit after tax | ₹19.69 Cr | ₹13.31 Cr |
| EPS | ₹3.08 | ₹2.06 |
03 · Why it moved
Why the quarter looked the way it did
What drove revenue
Revenue from operations expanded by 27.53% sequentially to INR 235.09 crore in Q2 FY27 from INR 184.34 crore in Q1 FY27, reflecting higher delivery volumes and robust demand from commercial vehicle OEMs.
Other income increased significantly to INR 2.17 crore during the quarter compared to INR 0.39 crore in the previous quarter, providing an additional boost to total income.
Revenue from operations reached INR 235.09 crore in Q2 FY27, demonstrating a robust sequential increase from INR 184.34 crore reported in Q1 FY27.
Total income for the quarter reached INR 237.26 crore, incorporating INR 2.17 crore in other income and INR 0.66 crore in interest income.
Other income grew to INR 2.17 crore during the quarter, contributing to total income of INR 237.27 crore alongside core revenue from operations.
Revenue from operations grew by 27.53% sequentially to INR 235.09 crore, driven by higher off-take from commercial vehicle OEMs during the quarter.
Other income surged to INR 2.17 crore in Q2 FY27 compared to INR 0.39 crore in Q1 FY27, providing additional support to total income of INR 237.27 crore.
Revenue from operations rose to INR 235.09 crore in Q2 FY27 from INR 184.34 crore in Q1 FY27, representing a quarter-on-quarter growth rate of 27.53%.
Total income reached INR 237.27 crore, aided by other income of INR 2.17 crore and interest income of INR 0.66 crore.
What drove margins
The net profit margin improved by 115.17 basis points sequentially, moving from 7.22% in Q1 FY27 to 8.37% in Q2 FY27, aided by operating leverage.
Depreciation and amortization stood at INR 3.23 crore while finance costs were recorded at INR 2.59 crore during the quarter.
PAT margin improved sequentially to 8.37% in Q2 FY27 compared to 7.22% in Q1 FY27, benefiting from stronger operational throughput and increased other income.
Finance costs stood at INR 2.59 crore and depreciation was recorded at INR 3.23 crore, remaining manageable relative to the expanded revenue base.
Finance costs rose moderately to INR 2.59 crore in Q2 FY27 from INR 2.11 crore in the previous quarter, reflecting underlying funding structures.
Depreciation and amortisation expenses increased slightly to INR 3.23 crore for the quarter compared to INR 3.01 crore in Q1 FY27.
Tax expenses increased to INR 7.27 crore in Q2 FY27 from INR 4.51 crore in Q1 FY27, corresponding with higher taxable earnings.
Higher sequential revenue throughput helped expand the PAT margin by 115 basis points to 8.37% from 7.22% in the preceding quarter.
The reported profit after tax (PAT) margin stood at 8.37% for Q2 FY27, improving from 7.22% in the previous quarter.
04 · Reported developments
What changed operationally
Both PBT and PAT demonstrated strong double-digit sequential growth of 51.20% and 47.87% respectively over the previous quarter.
Standalone PAT increased by 47.87% sequentially to INR 19.69 crore in Q2 FY27 from INR 13.31 crore in Q1 FY27.
PAT expanded to INR 19.69 crore in Q2 FY27 from INR 13.31 crore in Q1 FY27, accompanied by an increase in PBT to INR 26.95 crore.
PAT expanded by 47.87% QoQ to INR 19.69 crore alongside a 51.20% increase in PBT, demonstrating strong operational rebound from Q1 FY27.
Profit before tax rose by 51.20% quarter-on-quarter to INR 26.95 crore, and net profit after tax grew by 47.87% quarter-on-quarter to INR 19.69 crore.
05 · Items worth noticing
The line items that can distort a quick read
The company reported provisions amounting to INR 0.55 crore for the quarter ended September 30, 2026.
Other income increased to INR 2.17 crore in Q2 FY27 from INR 0.39 crore in Q1 FY27, providing an additional boost to pre-tax earnings.
The company recorded provisions amounting to INR 0.55 crore during the quarter.
The company recorded provisions of INR 0.55 crore and other income of INR 2.17 crore during the quarter.
Tax expense for the quarter was reported at INR 7.27 crore compared to INR 4.51 crore in Q1 FY27, tracking the increase in taxable profit.
The company reported provisions of INR 0.55 crore during the current quarter.
06 · Beyond the numbers
What changed beyond the numbers
Statutory Filing Compliance
The financial results for Q2 FY27 were reviewed and approved in accordance with statutory reporting standards on an un-audited standalone basis.
Standalone Financial Reporting
The financial results for Q2 FY27 were submitted as a standalone filing under IND-AS guidelines, reflecting the parent entity's performance without subsidiary consolidation.
Standalone Reporting Scope
Financial results for Q2 FY27 were filed on a standalone basis under Indian Accounting Standards (Ind AS).
07 · Previous-quarter changes
What changed since the previous quarter
Revenue grew from INR 184.34 crore in Q1 FY27 to INR 235.09 crore in Q2 FY27.
Revenue, PBT, and PAT exhibited strong quarter-on-quarter growth compared to Q1 FY27, reversing previous stagnation trends.
Revenue increased from INR 184.34 crore in Q1 FY27 to INR 235.09 crore in Q2 FY27.
Revenue increased from INR 184.34 crore in Q1 FY27 to INR 235.09 crore in Q2 FY27, while PAT advanced from INR 13.31 crore to INR 19.69 crore over the same period.
08 · Key Q&A
The quarter, answered directly
What does Kross do?
Kross Limited is a specialized manufacturer and supplier of trailer axle assemblies, suspension systems, and a diverse range of high-performance forged and machined precision safety-critical components for the commercial vehicle industry.
What is the clearest takeaway from Q2 FY27?
Kross Limited reported standalone revenue from operations of INR 235.09 crore for the quarter ended September 30, 2026 (Q2 FY27), reflecting a strong sequential expansion of 27.53% compared to INR 184.34 crore recorded in the preceding quarter (Q1 FY27).
What drove revenue or demand?
Revenue from operations expanded by 27.53% sequentially to INR 235.09 crore in Q2 FY27 from INR 184.34 crore in Q1 FY27, reflecting higher delivery volumes and robust demand from commercial vehicle OEMs.
What mattered most for margins or profitability?
The net profit margin improved by 115.17 basis points sequentially, moving from 7.22% in Q1 FY27 to 8.37% in Q2 FY27, aided by operating leverage.
What changed operationally beyond the headline numbers?
The financial results for Q2 FY27 were reviewed and approved in accordance with statutory reporting standards on an un-audited standalone basis.
What should the next disclosure help confirm?
Monitor whether the net profit margin can sustain above the 8% level achieved in Q2 FY27 in subsequent quarters.
09 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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10 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Sustained Margin Trends: Monitor whether the net profit margin can sustain above the 8% level achieved in Q2 FY27 in subsequent quarters.
- 02
Cost Structure Management: Track the trajectory of finance costs and depreciation relative to top-line scaling in upcoming financial disclosures.
- 03
Sustained Margin Trajectory: Monitor subsequent quarterly disclosures to verify whether the 8.37% PAT margin level is sustainable across varying commercial vehicle cycles.
- 04
Debt and Interest Coverage: Track finance costs (INR 2.59 crore in Q2 FY27) against operating cash flows and upcoming capital commitments.
- 05
Sustained Operational Performance: Monitor subsequent quarterly filings for continued revenue traction and margin stability across commercial vehicle component lines.
- 06
Sustained Margin Trajectory: Monitor whether the company can maintain or expand its 8.37% PAT margin in subsequent quarters amid input cost fluctuations.
- 07
Commercial Vehicle Demand Trends: Track OEM production cycles and off-highway equipment demand to gauge sustainability of sequential volume growth.
- 08
Sustained Margin Trajectory: Monitor subsequent quarterly filings to evaluate whether the PAT margin expansion above 8.3% can be sustained alongside potential fluctuations in raw material and overhead costs.
- 09
Debt and Finance Cost Servicing: Track future finance costs and provision levels against ongoing operational cash flows and capital expenditure requirements.
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