Integrated Filing — IndAS

General information about company
Scrip Code	544263
NSE Symbol	KRN
MSEI Symbol	NOTLISTED
ISIN	INE0Q3J01015
Name of company	KRN Heat Exchanger And Refrigeration Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	12-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	05-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	12-May-2025   13:00:00
End date and time of board meeting	12-May-2025   14:15:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
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	1315024000	4298493000
	Other income	43284000	118571000
	Total income	1358308000	4417064000
2	Expenses
(a)	Cost of materials consumed	1015619000	3191490000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-28232000	-2072000
(d)	Employee benefit expense	69195000	210886000
(e)	Finance costs	9201000	34121000
(f)	Depreciation, depletion and amortisation expense	11830000	46325000
(f)	Other Expenses
1	Other Expenses	69505000	193098000
	Total other expenses	69505000	193098000
	Total expenses	1147118000	3673848000
3	Total profit before exceptional items and tax	211190000	743216000
4	Exceptional items	0	0
5	Total profit before tax	211190000	743216000
6	Tax expense
7	Current tax	64991000	219045000
8	Deferred tax	-2471000	-4583000
9	Total tax expenses	62520000	214462000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	148670000	528754000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	148670000	528754000
17	Other comprehensive income net of taxes	-383000	-292000
18	Total Comprehensive Income for the period	148287000	528462000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	0	0
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0	0
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
21	Details of equity share capital
	Paid-up equity share capital	621566000	621566000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		4364779000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0	0
	Diluted earnings (loss) per share from continuing operations	0	0
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	0	0
	Diluted earnings (loss) per share from continuing and discontinued operations	0	0
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

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

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	851984000
	Capital work-in-progress	822743000
	Investment property
	Goodwill	0
	Other intangible assets	0
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets	17942000
	Total non-current financial assets	17942000
	Deferred tax assets (net)	3092000
	Other non-current assets
	Total non-current assets	1695761000
2	Current assets
	Inventories	958549000
	Current financial asset
	Current investments	0
	Trade receivables, current	929612000
	Cash and cash equivalents	102634000
	Bank balance other than cash and cash equivalents	1408995000
	Loans, current	757000
	Other current financial assets	17532000
	Total current financial assets	2459530000
	Current tax assets (net)	831092000
	Other current assets	6213000
	Total current assets	4255384000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	5951145000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	621566000
	Other equity	4364779000
	Total equity attributable to owners of parent	4986345000
	Non controlling interest
	Total equity	4986345000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	14252000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities
	Total non-current financial liabilities	14252000
	Provisions, non-current	10095000
	Deferred tax liabilities (net)
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities	24347000
	Current liabilities
	Current financial liabilities
	Borrowings, current	320421000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	485615000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	67604000
	Total Trade payable	553219000
	Other current financial liabilities
	Total current financial liabilities	873640000
	Other current liabilities	33643000
	Provisions, current	20293000
	Current tax liabilities (Net)	12877000
	Deferred government grants, Current
	Total current liabilities	940453000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	964800000
	Total equity and liabilites	5951145000
	Disclosure of notes on assets and liabilities

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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	India	1086219000	3623983000
2	Oversease	228805000	674510000
	Total Segment Revenue	1315024000	4298493000
	Less: Inter segment revenue
	Revenue from operations	1315024000	4298493000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	India	220391000	777337000
2	Oversease	0	0
	Total Profit before tax	220391000	777337000
	i. Finance cost	9201000	9201000
	ii. Other Unallocable Expenditure net off Unallocable income	0	0
	Profit before tax	211190000	743216000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	India	702192000	702192000
2	Oversease	233085000	233085000
	Total Segment Asset	935277000	935277000
	Un-allocable Assets	0	0
	Net Segment Asset	935277000	935277000
4	Segment Liabilities
	Segment Liabilities
1	India	231383000	231383000
2	Oversease	321836000	321836000
	Total Segment Liabilities	553219000	553219000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	553219000	553219000
	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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement of investments	-533000	-405000
	Total Amount of items that will not be reclassified to profit and loss	-533000	-405000
2	Income tax relating to items that will not be reclassified to profit or loss	-150000	-113000
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	0
5	Total Other comprehensive income	-383000	-292000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			743216000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			34121000
	Adjustments for decrease (increase) in inventories			-114497000
	Adjustments for decrease (increase) in trade receivables, current			-405225000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			-19775000
	Adjustments for other financial assets, current			-71222000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			187179000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			7767000
	Adjustments for increase (decrease) in other non-current liabilities			28000
	Adjustments for depreciation and amortisation expense			46325000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			3152000
	Adjustments for other financial liabilities, current			22591000
	Adjustments for other financial liabilities, non-current			16160000
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			0
	Adjustments for interest income			0
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			12963000
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-280433000
	Net cash flows from (used in) operations			462783000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			216021000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			246762000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			-778267000
	Purchase of property, plant and equipment			82675000
	Proceeds from sales of investment property			1375000
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			1352126000
	Cash receipts from repayment of advances and loans made to other parties			-649118000
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			3009000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			71222000
	Net cash flows from (used in) investing activities	-2786580000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			3142169000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			-65442000
	Payments of lease liabilities			0
	Dividends paid			0
	Interest paid			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-629900000
	Net cash flows from (used in) financing activities			2577711000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			37893000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			37893000
	Cash and cash equivalents cash flow statement at beginning of period			0
	Cash and cash equivalents cash flow statement at end of period			37893000