Kross shares rally 16% after Q2 profit jumps 143% YoY; stock hits 52-week high
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.
Key Takeaways
- 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 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.
Original Publisher Attribution
This summary was curated from Economic Times.