Kross share price jumps 20% after Q2 results: What lies ahead? Technical analyst weighs in
New Delhi, Oct. 19 -- Kross share price jumped nearly 20% on Monday, 19 October, after the commercial vehicle components manufacturer reported a strong performance for the second quarter of FY27, with revenue, EBITDA and profit after tax (PAT) registering robust year-on-year growth.
The company's standalone revenue from operations surged 79.6% year-on-year to Rs.235.09 crore in Q2 FY27, compared with Rs.130.92 crore in the corresponding quarter last year.
EBITDA more than doubled, rising 107.4% year-on-year to Rs.30.60 crore from Rs.14.75 crore a year ago. The EBITDA margin expanded to 13% from 11.3% in the year-ago quarter, an improvement of 175 basis points.
Kross reported a 143.5% year-on-year jump in profit after tax to Rs.19.69 cr...
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