Kross shares rally 16% after Q2 profit jumps 143% YoY; stock hits 52-week high
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Kross shares rallied 15.62% to Rs 314.35 on Monday after the company reported a 143% jump in Q2 profit.
- ✓Strong demand for commercial vehicles and tractors helped revenue rise 80% to Rs 235.09 crore.
- ✓The stock hit a 52-week high as the firm saw better margins and operational efficiency.
Story at a Glance
- Category
- MARKET
- Reported By
- Economic Times
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Kross shares surged following strong Q2 FY27 results, with revenue rising 80% and net profit climbing 143% year-on-year. EBITDA more than doubled, while margins improved. Robust commercial vehicle demand, capacity expansion and operational efficiencies supported growth, alongside increased institutional shareholding and the stock reaching a fresh 52-week high.
Kross shares rallied 15.62% to Rs 314.35 on the BSE on Monday, after the company reported strong standalone financial results for the September quarter of FY27. The company posted a 143% year-on-year surge in its Q2 net profit to Rs 19.69 crore, from Rs 8.08 crore in the same quarter last year. Revenue from operations rose 80% YoY to Rs 235.09 crore, from Rs 130.92 crore in the corresponding quarter of the previous year.
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Economic Times
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