Kross share price jumped nearly 20% on Monday, 19 October, after the commercial vehicle components manufacturer reported a strong performance for the second quarter of FY27, with revenue, EBITDA and profit after tax (PAT) registering robust year-on-year growth.
The company’s standalone revenue from operations surged 79.6% year-on-year to ₹235.09 crore in Q2 FY27, compared with ₹130.92 crore in the corresponding quarter last year.
EBITDA more than doubled, rising 107.4% year-on-year to ₹30.60 crore from ₹14.75 crore a year ago. The EBITDA margin expanded to 13% from 11.3% in the year-ago quarter, an improvement of 175 basis points.
Kross reported a 143.5% year-on-year jump in profit after tax to ₹19.69 crore in Q2 FY27, compared with ₹8.08 crore in the corresponding period last year. The PAT margin improved to 8.4% from 6.2%, while earnings per share increased to ₹3.08 from ₹1.25.
For the first half of FY27, revenue from operations rose 55.2% year-on-year to ₹419.43 crore from ₹270.28 crore in H1 FY26. EBITDA increased 72.4% to ₹53.32 crore from ₹30.92 crore, while PAT climbed 76.5% to ₹33.16 crore from ₹18.78 crore.