Auto Ancillary Stock Hits 20% Upper Circuit After Reporting 142% Net Profit Growth in Q2
India, Oct. 19 -- The share of the company, which is an Indian manufacturer of safety-critical forged and precision-machined automotive components, trailer axles, and suspension assemblies, came into focus after strong Q2 results.
With a market capitalization of Rs 2,003 crore, Kross Ltd's share on Monday made a day high of Rs 326.80 per share, up by 20 percent, hitting the upper circuit from its previous close of Rs 272.35 per share. The stock of the company gave a return of 67.5 percent over the last year.
Q2 Result Overview
QoQ View: Revenue grew to Rs 235.1 crore in Q2 FY27 from Rs 184.3 crore in Q1 FY27, registering a 27.5 percent growth QoQ. EBITDA rose to Rs 30.6 crore in Q2 FY27 from Rs 22.6 crore in Q1 FY27, up 35.7 percent Qo...
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