Integrated Filing — IndAS



General information about company
Scrip Code 544253
NSE Symbol KROSS
MSEI Symbol NOTLISTED
ISIN INE0O6601022
Name of company KROSS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 08-Aug-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 31-Jul-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment Auto component
Start date and time of board meeting 08-Aug-2025   16:30:00
End date and time of board meeting 08-Aug-2025   18:35:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party?
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.
Whether the company is a high value debt listed entity according to regulation 15 (1A)?
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
No default during the quarter ended June 30 2025



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 1393550000
Other income 20870000
Total income 1414420000
2 Expenses
(a) Cost of materials consumed 779580000
(b) Purchases of stock-in-trade 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -26670000
(d) Employee benefit expense 90080000
(e) Finance costs 23360000
(f) Depreciation, depletion and amortisation expense 20500000
(f) Other Expenses
1 Other Expenses 388880000 388880000
Total other expenses 388880000
Total expenses 1275730000
3 Total profit before exceptional items and tax 138690000
4 Exceptional items 0
5 Total profit before tax 138690000
6 Tax expense
7 Current tax 34950000
8 Deferred tax -3260000
9 Total tax expenses 31690000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 107000000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 107000000
17 Other comprehensive income net of taxes -410000
18 Total Comprehensive Income for the period 106590000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 322550000
Face value of equity share capital 5
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.66
Diluted earnings (loss) per share from continuing operations 1.66
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.66
Diluted earnings (loss) per share from continuing and discontinued operations 1.66
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) The above unaudited financial results of the Company for the quarter ended June 30, 2025, have been reviewed and recommended by the Audit Committee and approved by the Board of Directors in their respective meeting held on August 8, 2025. The Statutory auditors have expressed an unmodified review opinion on these results and have issued an unmodified conclusion The Company’s above unaudited financial results for the quarter ended June 30, 2025, have been prepared in accordance with the Indian Accounting Standards (‘Ind AS’) as prescribed under section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standard) Rules, 2015, as amended and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements ) Regulations 2015 The equity shares of the Company have been listed on National Stock Exchange of India Limited (“NSE”) and on Bombay Stock Exchange Limited (“BSE”) on September 16, 2024 by completing Initial Public Offer (“ the IPO”) of 2,08,33,332 equity shares of face value of Rs. 5 each at an issue price of Rs. 240 per equity share consisting of a fresh issue of 1,04,16,666 shares and an Offer for Sale of 1,04,16,666 shares The Company has incurred Rs. 261.62 millions as IPO related expenses and allocated such expenses between the Company (Rs. 130.81 millions) and selling shareholders (Rs. 130.81 millions) in proportion to the equity shares allotted to the public as fresh issue by the Company and under the offer for sale by selling shareholders respectively. The Company has an amount of Rs. 2,369.19 millions (net of IPO expenses of Rs. 130.81 millions) from proceeds out of fresh issue of equity shares The company is engaged in manufacturing and sales of Motor vehicle parts and accessories. This in the context of Ind AS-108 ‘Operating Segment’ are considered to constitute single primary segment The figures for the previous periods/year have been regrouped/restated where necessary The company does not have any subsidiary/associate/joint venture company as at June 30,2025, hence the Consolidated Financial Statements is not required to be prepared by the company The unaudited Financial Results for the quarter ended June 30, 2025, will be available on the Company’s website www.krosslimited.com



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of the employees defined benefit plans -550000 -550000
2 Income tax relating to above items 140000 140000
Total Amount of items that will not be reclassified to profit and loss -410000
2 Income tax relating to items that will not be reclassified to profit or loss 0
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0
5 Total Other comprehensive income -410000





Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Mode of Fund Raising Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 12-Sep-2024
Amount Raised 5000000000
Report filed for Quarter ended 30-Jun-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable India Ratings and Research Private Limited
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation Not Applicable
Comments of the Audit Committee after review No comments
Comments of the auditors, if any No comments
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Funding of capitalnexpenditure requirements ofnour Company towardsnpurchase of machinery andnequipment NotnApplicable 700000000 0 342140000 0
2 Repayment or prepayment,nin full or in part, of all or anportion of certainnoutstanding borrowingsnavailed by our Company,nfrom banks and financialninstitutions NotnApplicable 900000000 0 900000000 0
3 Funding working capitalnrequirements of thenCompany NotnApplicable 300000000 0 144100000 0
4 General corporate purposes NotnApplicable 469190000 0 449080000 0
5 Offer Expenses NotnApplicable 130810000 0 130810000 0 Actual issue expense is INR 130.81 Mn against INR 138.08 Mn as estimated in the prospectus. The balance INR 7.27 Mn is proposed to be utilized for General Corporate Purpose


Signatory Details
Name of signatory Debolina Karmakar
Designation of person Company Secretary and Compliance Officer
Place Jamshedpur
Date 08-Aug-2025