Kross Limited reported progress across capacity expansion, product diversification and exports during the quarter and nine months ended 31 December 2025, alongside steady financial performance. The company prioritised manufacturing scale-up and backward integration initiatives during the period, aimed at supporting medium-term growth across its core automotive segments.
Kross continued to expand its manufacturing footprint during the period. The company commissioned a 2,000-tonne screw press and a 1,000-tonne press, expanding its forging capabilities. An additional 1,600-tonne press is scheduled for commissioning by February 2026, which is expected to further enhance forging capacity and operational efficiency. In the tractor segment, revenue grew 16 percent during the nine-month period, supported by improving production schedules from original equipment manufacturers.
On ongoing initiatives, trials at the axle beam extrusion plant are currently underway, with commissioning expected by February 2026. Once commissioned, axle beam capacity is expected to increase to 7,500 units per month from the current 5,000 units. Construction of the seamless tube facility has been completed, with commercial production expected to commence by the fourth quarter of FY27. The company has also installed the manufacturing facility for its newly introduced tipping jack product, with production initiated and the product currently undergoing validation.
During the quarter and nine months, trailer axles and suspension assemblies contributed 41.3 percent of revenue, while the component business accounted for the remaining 58.7 percent. Export sales contributed 3.8 percent of revenue in the nine-month period, recording year-on-year growth. The company secured purchase orders from a Tier-1 customer in Europe across two product families, with supplier approval received for one family and initial trial orders already underway. In the trailer segment, five new fabricator customers were added during the quarter, strengthening market reach and demand visibility.
Capital expenditure remains focused on backward integration and capacity enhancement. The seamless tube project involves an investment of INR 1.67 billion, with a proposed capacity addition of 120,000 tonnes and an estimated project completion timeline of around 18 months. The facility is intended to support captive requirements for trailer axles and parts while also addressing external demand, including from the oil and gas sector.
On the financial front, revenue from operations for Q3 FY26 stood at INR 1.77 billion, compared with INR 1.50 billion in the corresponding quarter of the previous year. EBITDA for the quarter was INR 235 million, with an EBITDA margin of 13.2 percent, while profit after tax rose to INR 140 million. For the nine months ended December 2025, revenue from operations was INR 4.47 billion, compared with INR 4.35 billion a year earlier, while profit after tax increased to INR 328 million, according to the company’s stock exchange filing.
Kross Limited is an automotive components manufacturer with integrated manufacturing capabilities covering forging, casting, machining, heat treatment and surface protection. Its product portfolio includes trailer axles and suspension assemblies, axle shafts, bevel gears, differential spiders, commercial vehicle and tractor components, along with recently introduced products such as tipping jacks, serving domestic original equipment manufacturers and export markets.
