KRN Heat Exchanger and Refrigeration Limited — Updates, 15-05-2025: Press Release

KRN HVAC Products, KRN Heat Exchanger’s wholly owned subsidiary, has secured ₹141.72 Cr incentives under the PLI scheme to accelerate manufacturing expansion and enhance localization of air conditioners and LED components. This supports the company’s focus on energy-efficient HVAC solutions. FY25 consolidated revenue reached ₹441.71 Cr with a net profit of ₹52.88 Cr, reflecting strong growth potential driven by rising domestic and export demand.