Powered by: Motilal Oswal
2025-01-28 04:17:33 pm | Source: Accord Fintech
KRN Heat Exchanger and Refrigeration zooms on reporting 74% rise in Q3 consolidated net profit
KRN Heat Exchanger and Refrigeration zooms on reporting 74% rise in Q3 consolidated net profit

KRN Heat Exchanger and Refrigeration is currently trading at Rs. 767.80, up by 30.30 points or 4.11% from its previous closing of Rs. 737.50 on the BSE.

The scrip opened at Rs. 747.75 and has touched a high and low of Rs. 798.55 and Rs. 695.65 respectively. So far 95039 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 904.00 on 23-Jan-2025 and a 52 week low of Rs. 402.40 on 07-Oct-2024.

Last one week high and low of the scrip stood at Rs. 904.00 and Rs. 695.65 respectively. The current market cap of the company is Rs. 4811.54 crore.

The promoters holding in the company stood at 70.79%, while Institutions and Non-Institutions held 10.16% and 19.05% respectively.

KRN Heat Exchanger and Refrigeration has reported 61.04% rise in net profit at Rs 12.69 crore for Q3FY25 as compared to Rs 7.88 crore for the same quarter in the previous year. Total income of the company increased by 59.85% at Rs 107.10 crore for Q3FY25 as compared to Rs 67.00 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 74.46% rise in its net profit at Rs 13.73 crore for the quarter ended December 31, 2024 as compared to Rs 7.87 crore for the same quarter in the previous year. Total income of the company increased by 73.67% at Rs 116.36 crore for Q3FY25 as compared to Rs 67.00 crore for the corresponding quarter previous year.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here