| 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 | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 29-01-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 22-01-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third 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 | Unaudited |
| Segment Reporting | Single segment |
| Description of single segment | Auto Component |
| Start date and time of board meeting | 29-01-2026 16:30:00 |
| End date and time of board meeting | 29-01-2026 18:25:00 |
| 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 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 |
| There is no default on Loan and Debt securities applicable to the company | |
| 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 | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 17,747.80 | 44,775.30 | |
| Other income | 27.40 | 340.90 | |
| Total income | 17,775.20 | 45,116.20 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 9,430.40 | 24,138.30 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 251.10 | 112.50 |
| (d) | Employee benefit expense | 1,019.90 | 2,805.20 |
| (e) | Finance costs | 210.80 | 618.50 |
| (f) | Depreciation, depletion and amortisation expense | 233.60 | 661.80 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 4,701.30 | 12,282.30 |
| Total other expenses | 4,701.30 | 12,282.30 | |
| Total expenses | 15,847.10 | 40,618.60 | |
| 3 | Total profit before exceptional items and tax | 1,928.10 | 4,497.60 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 1,928.10 | 4,497.60 |
| 6 | Tax expense | ||
| 7 | Current tax | 498.80 | 1,106.90 |
| 8 | Deferred tax | 31.20 | 114.20 |
| 9 | Total tax expenses | 530.00 | 1,221.10 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 1,398.10 | 3,276.50 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 1,398.10 | 3,276.50 |
| 17 | Other comprehensive income net of taxes | (4.10) | (12.30) |
| 18 | Total Comprehensive Income for the period | 1,394.00 | 3,264.20 |
| 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 | 3,225.50 | 3,225.50 | |
| Face value of equity share capital | 5 | 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 | 2.17 | 5.08 | |
| Diluted earnings (loss) per share from continuing operations | 2.17 | 5.08 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 2.17 | 5.08 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 2.17 | 5.08 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | The above unaudited financial results of the Company for the Quarter & Nine Months Ended December 31, 2025, have been reviewed and recommended by the Audit Committee and approved by the Board of Directors in their respective meeting held on January 29, 2026. 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 & Nine Months Ended December 31, 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 million as IPO related expenses and allocated such expenses between the Company (Rs. 130.81 million) and selling shareholders (Rs. 130.81 million) 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 raised Rs. 2,369.19 million (net of IPO expenses of Rs. 130.81 million) from proceeds out of fresh issue of equity shares.The utilization of the net IPO proceeds is summarized below:Objects of the issue as per prospectus Amount proposed in offer document (A) Funding of capital expenditure requirements of our Company towards purchase of machinery and equipment Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company, from banks and financial institutions Funding working capital requirements of the Company General Corporate Purpose Offer expenses Amount proposed in offer document 2,500.00 Mn Utilisation of Net IPO Proceeds up to December 31, 2025 2,197.04 Mn Unutilised Net IPO Proceeds as on December 31, 2025 302.96 Mn Out of the Net IPO proceeds which were unutilized as at December 31, 2025, Rs. 27.59 million are in Monitoring Account and Rs. 283.76 million is temporarily invested in Fixed Deposit.The difference between unutilized amount as per table attached & details mentioned above reflects return on investment of INR 8.39 Million are reinvested in above FDs and own funds.The company manufactures ‘Motor vehicle parts & accessories and the management review the performance of the company as single operating segment in accordance with Ind AS -108 ‘Operating segments’ notified pursuant to the Companies (Indian Accounting Standards), Rules, 2015. Accordingly, no separate segment information has been furnished herewith 5. During the Current Quarter, the Government of India has brought into effect the following Labour Codes with effect from 21 November 2025: the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020. The said Codes replace various existing labour laws and require detailed rules, notifications and clarifications to be issued by the Central and respective State Governments for effective implementation, including matters relating to wage structure, social security contributions, employee benefits and transitional provisions. As on the reporting date, the Company is in the process of evaluating the implications of the Labour Codes, including the impact of State-specific rules, transitional arrangements and administrative guidelines. Given that the Codes became effective part-way through the Quarter and the manner of implementation, interpretation and quantification of the financial impact is still evolving, the Company is presently unable to reasonably estimate the incremental liability, if any, arising therefrom. Accordingly, no provision has been recognised in the financial statements as at the reporting date. The Company will recognise the impact, if any, in accordance with applicable accounting standards in the period in which the obligations become reasonably measurable and enforceable. The company does not have any subsidiary/associate/joint venture company as at December 31, 2025, hence the Consolidated Financial Statements is not required to be prepared by the company.The figures for the previous periods/year have been regrouped/restated where necessary.The unaudited Financial Results for the Quarter & Nine Months Ended December 31, 2025, will be available on the Company’s website www.krosslimited.com |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| 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 | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | 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 | |||||||
| 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 | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | 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 | (5.50) | (16.50) |
| 2 | Income tax relating to above items | 1.40 | 4.20 |
| Total Amount of items that will not be reclassified to profit and loss | (4.10) | (12.30) | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 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 | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | (4.10) | (12.30) |
| Mode of Fund Raising | Public Issues |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 12-09-2024 |
| Amount Raised | 50,000.00 |
| Report filed for Quarter ended | 31-12-2025 |
| 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 capital expenditure requirements of our Company towards purchase of machinery and equipment | Not Applicable | 7,000.00 | 0.00 | 5,532.90 | 0.00 | |
| 2 | Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company, from banks and financial institutions | Not Applicable | 9,000.00 | 0.00 | 9,000.00 | 0.00 | |
| 3 | Funding working capital requirements of the Company | Not Applicable | 3,000.00 | 0.00 | 1,448.00 | 0.00 | |
| 4 | General corporate purposes | Not Applicable | 4,619.20 | 4,691.90 | 4,681.50 | 0.00 | The actual issue expense is INR 130.81 Mn against INR 138.08 Mn as estimated in the prospectus. The Balance of INR 7.27 is adjusted towards General Corporate Purpose |
| 5 | Offer Expenses | Not Applicable | 1,380.80 | 1,308.10 | 1,308.10 | 0.00 | The actual issue expense is INR 130.81 Mn against INR 138.08 Mn as estimated in the prospectus. The Balance of INR 7.27 is adjusted towards General Corporate Purpose |
| Name of signatory | Debolina Karmakar |
| Designation of person | Company Secretary and Compliance Officer |
| Place | Jamshedpur |
| Date | 29-01-2026 |