Kross shares jump nearly 20% after strong second-quarter results
Kross shares rose almost 20% after results showed revenue and profit more than doubling in Q2 FY27, according to Moody's.
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what happened
Shares of commercial vehicle component maker Kross jumped nearly 20% on Monday, 19 October, after the company reported a strong second quarter of FY27. Revenue, EBITDA and profit after tax all grew sharply from a year earlier. According to Moody's, revenue rose 79.6% to Rs 235.09 crore, EBITDA increased 107.4%, and profit after tax climbed 143.5% to Rs 19.69 crore.
For the first half of FY27, revenue grew 55.2% and profit after tax rose 76.5%. The company points to a healthy order book, steady demand in the trailer and tractor segments, and ongoing capacity expansion. Technical analysts quoted in the report see an uptrend and fresh 52-week highs, but advise against opening new long positions at current levels.
why it matters
The story concerns a single small-cap company, so its impact on the broader market is limited. For investors in commercial vehicle and component makers, the main point is the sustained growth in demand and the ramp-up of new capacity.
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- Kross share price jumps 20% after Q2 results: What lies ahead? Technical analyst weighs in — Moody's, 19 October 2026 at 08:48 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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