Outcome of Board Meeting

KRN HEAT EXCHANGER AND REFRIGERATION LIMITED Registered & Work Office: Plot No.: F-46,47,48,49, EPIP, RIICO Industrial Area, Neemrana – 301705 (RJ) CIN No.: L29309RJ2017PLC058905 Contact No. 9116629184 Date: 12th August, 2026 To, To, BSE Ltd National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Exchange Plaza, C-I Block G, Bandra Kurla Street, Mumbai- 400001, Maharashtra, Complex, Bandra (East), Mumbai-400051, India Maharashtra, India Script Code: 544263 Script Symbol: KRN ISIN: INE0Q3J01015 Subject: Outcome of Board Meeting pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, This is to inform you that the Board of Directors of the Company in its meeting held today, i.e. August 12, 2026, transacted the following business item(s): 1. Unaudited Financial Results for the quarter ended on 30th June, 2026 Approved the Unaudited Financial Results (both Consolidated and Standalone) of the Company for the quarter ended on 30th June, 2026. A signed copy of the Unaudited Financial Results (both Consolidated and Standalone) of the Company for the quarter ended on 30th June, 2026 along with Limited Review Reports thereon issued by the Statutory Auditors of the Company, are enclosed herewith as Annexure - I. The aforesaid Financial Results (both Consolidated and Standalone) along with Limited Review Reports thereon are enclosed and are also available on the website of the Company at www.krnheatexchanger.com 2. Appointment of Cost Auditor of the Company for the Financial Year 2026-27 Pursuant to the recommendation of Audit Committee, the Board of Directors approved the appointment of M/s. R S Chauhan & Associates, Cost Accountants (FRN: 003517), as Cost Auditor of the Company for the Financial Year 2026-27 3. Appointment of Internal Auditor of the Company for the Financial Year 2026- Pursuant to the recommendation of Audit Committee, the Board of Directors approved the appointment of M/s. Sharma Shankar & Co., Chartered Accountants (FRN: 019317C), as Internal Auditor of the Company for the Financial Year 2026-27. The details required pursuant to Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, are enclosed as Annexure – II. (+91)-9116629184 info@krnheatexchanger.com www.krnheatexchanger.com KRN HEAT EXCHANGER AND REFRIGERATION LIMITED Registered & Work Office: Plot No.: F-46,47,48,49, EPIP, RIICO Industrial Area, Neemrana – 301705 (RJ) CIN No.: L29309RJ2017PLC058905 Contact No. 9116629184 The meeting of the Board of Directors commenced at 15:30 P.M. and concluded at 15:59. Kindly take the above information on your record. Thanking You, For KRN Heat Exchanger and Refrigeration Limited Jitendra Kumar Sharma Company Secretary Encl: A/a (+91)-9116629184 info@krnheatexchanger.com www.krnheatexchanger.com ANNE'XVRE ~ KRN HEAT EXCHANGER AND REFRIGERATION LIMITED CIN: L29309RJ2017PLC058905 Plot No. F-46,47,48,49, EPIP, RIICO Industrial Area Neemrana, Alwar, Rajasthan, India, 301705 Consolidated Financial Results For The Quarter Ended 30th June, 2026 ii: in Lakhs (unless otherwise stated) For The Quarter Ended For Year Ended Particulars 30th June,'26 31st Mar '26 30th June,'25 31st Mar'26 Unaudited Audited Unaudited Audited Income I. Revenue from operations 25,231.70 17,947.98 11,528.21 60,005.77 II. Other Income 277.76 191.55 357.53 974.82 Ill.Total Income (I+ II) 25 509.46 18 139.53 11,885.74 60,980.59 IV Expenses: Cost of materials consumed 16,441.22 5,700.12 9,067.18 24,311.80 Purchase of Stock-in-trade 921.46 8,048.00 21,165.88 Changes in Inventories of Finished Goods, Work-In (260.14) (1,655.63) (495.19) (4,298.62) Progress and Stock-In-Trade Employee benefit expenses 1,819.26 1,349.62 665.37 4,156.36 Finance costs 304.12 264.03 69.55 590.08 Depreciation and amortisation expense 646.76 597.44 218.50 1,876.49 Other expenses J.,403.70 1,151.02 531.43 3,422.74 Total expenses (IV) 21,276.38 15,454.60 10,056.84 51,224.73 V Profit Before Prior Period and Exceptional Item (Ill -IV) 4,233.08 2,684.93 1,828.90 9,755.86 VI Prior Period Item/Exceptional Item 39.71 VII Profit before tax (V-VI) 4,233.08 2 684.93 1828.90 9 795.57 VIII Tax expense Current tax 763.74 498.18 537.61 2,382.39 Deferred tax Liability/ (Assets) 179.78 153.25 49.21 69.09 Income Tax (Short/Excess provision) 302.65 302.65 Total Tax expenses (VIII) 943.52 346.76 566.82 2,148.63 IX Profit for the period (Vil-VIII) 3 269.56 2,336.15 1,242.08 7,646.74 X Other Comprehensive Income Items that will not be reclassified to profit or loss Remeasurements of defined benefit plans 19.18 (3.67) (2.38) (14.26) Income Tax relating to above (4.51) 0.79 1.35 3.98 Items that will not be reclassified to profit or loss Remeasurements of defined benefit plans Income Tax relating to above Total Other Comprehensive Income (X) 14.67 (2.88) (1.03) (10.28) XI. Total Comprehensive Income for the year(IX-X) 3,274.89 2,339.03 1243.11 7,657.02 Net Profit attributable to: a) Owner of the company 3,289.56 2,336.15 1,242.08 7,646.74 b) Non Controlling Interest Other Comprehensive (lncome)/Loss attributable to: a) Owner of the company 14.67 (2.88) (1.03) (10.28) b) Non Controlling Interest Total Comprehensive lncome/(Loss) for the period/year attributable to: a) Owner of the company 3,274.89 2,339.03 1,243.11 7,657.02 b) Non Controlling Interest Net Profit after Tax and Non Controlling Interest 3,289.56 2,336.15 1,242.08 7,646.74 Paidup Equity Share Capital (Facevalue ~ 10 each) 6,545.85 6,215.66 6,215.66 6,215.66 Other Equity 51,183.82 Earnings Per Equity Share-Basic/Diluted {Not annualised for quarter ended) Basic/ Diluted 5.20 3.75 2.00 12.30 Date : 12th August, 2026 Place : Neemrana KRN HEAT EXCHANGER AND REFRIGERATION LIMITED CIN; L29309RJ2017PLC058905 Plot No. F-46,47,48,49, EPIP, RIICO Industrial Area Neemrana, Alwar, Rajasthan, India, 301705 Consolidated Financial Results For The Quarter Ended 30th June, 2026 Notes to Accounts -Consolidated Financial Statement [1] The above Unaudited Consolidated financial results for the quarter ended 30th June, 2026 have been prepared by the Company in accordance with regulation 33 of SEBI {Listing Obligation & Disclosure Requirements) Regulations 2015 {as amended) and were l"eviewed and recommended by the Audit Committee of the Board and thereafter were approved and taken on record by the board of directors in their meeting held on 12th August, 2026. A Limited Review of the above results has been carried out by the statutory auditors of the company. (2] Previous Year's /period's figures have been regrouped/rearranged/ restated/adjusted/rectified wherever considered necessary. [3] Basis of Preparation of the Statement and Adoption of Indian Accounting Standards. The Company has adopted Indian Accounting Standard (IND AS) specified under companies (Indian) Accounting Standard Rules, 2015 [as am mended] precribed under section 133 of the companies act,2013. [4] The Company manufactures fin and tube type heat exchangers for the Heat Ventilation Air Conditioning and Refrigeration Industry ("HVAC&R"). Heat exchangers manufactured by the company are made of non-ferrous metals primarily Copper and Aluminium. Their product range includes condenser coils, evaporator units, evaporator coils, header/copper parts, fluid and steam coils and sheet metal parts. [SJ The Figure for the Quarter ended 31st March, 2026 are balancing figures between the un-audited figures in respect of Nine months ended on 31st December, 2025 which were subject to limited review and the audited figures of the Year ended 31st March, 2026. [6] Segment Reporting is attached herewith. [71 The Proceeds From IPO Net Off Issue Expense Is"! 31,111.66 Lakhs And Utilisation of the same is as follows: Planned As per Balance As at 30th June, Particulars Utilisation of fund Pros ectus 2026 Investment in our wholly owned subsidiary, KRN HVAC Products Private Li [Showing first 8,000 characters — download PDF for full document]