diff --git a/erpnext/stock/doctype/stock_reconciliation/stock_reconciliation.py b/erpnext/stock/doctype/stock_reconciliation/stock_reconciliation.py
index d37b2a67e11..118c3a1d029 100644
--- a/erpnext/stock/doctype/stock_reconciliation/stock_reconciliation.py
+++ b/erpnext/stock/doctype/stock_reconciliation/stock_reconciliation.py
@@ -890,6 +890,7 @@ def get_stock_balance_for(
 		with_valuation_rate=with_valuation_rate,
 		with_serial_no=has_serial_no,
 		inventory_dimensions_dict=inventory_dimensions_dict,
+		batch_no=batch_no,
 	)
 
 	if has_serial_no:
diff --git a/erpnext/stock/doctype/stock_reconciliation/test_stock_reconciliation.py b/erpnext/stock/doctype/stock_reconciliation/test_stock_reconciliation.py
index dd1220a0ddb..05c60175f51 100644
--- a/erpnext/stock/doctype/stock_reconciliation/test_stock_reconciliation.py
+++ b/erpnext/stock/doctype/stock_reconciliation/test_stock_reconciliation.py
@@ -1009,6 +1009,52 @@ class TestStockReconciliation(FrappeTestCase, StockTestMixin):
 
 		self.assertEqual(sr2.docstatus, 1)
 
+	def test_current_qty_and_current_serial_no_count(self):
+		# Step - 1: Create a Serial Batch Item
+		item = self.make_item(
+			properties={
+				"is_stock_item": 1,
+				"has_serial_no": 1,
+				"serial_no_series": "TEST-SERIAL-.###",
+				"has_batch_no": 1,
+				"create_new_batch": 1,
+				"batch_number_series": "TEST-BATCH-.###",
+			}
+		).name
+
+		# Step - 2: Inward stock in multiple Batches
+		from erpnext.stock.doctype.stock_entry.test_stock_entry import make_stock_entry
+
+		se1 = make_stock_entry(
+			item_code=item,
+			target="_Test Warehouse - _TC",
+			qty=10,
+		)
+		se2 = make_stock_entry(
+			item_code=item,
+			target="_Test Warehouse - _TC",
+			qty=5,
+		)
+
+		# Step - 3: Create Stock Reconciliation
+		sr = create_stock_reconciliation(
+			item_code=item,
+			warehouse="_Test Warehouse - _TC",
+			qty=0,
+			batch_no=se1.items[0].batch_no,
+			do_not_submit=True,
+		)
+
+		# Test - 1: Current Serial No Count should be equal to Current Qty
+		self.assertEqual(sr.items[0].current_qty, se1.items[0].qty)
+		self.assertEqual(len(sr.items[0].current_serial_no.split("\n")), sr.items[0].current_qty)
+
+		sr.items[0].batch_no = se2.items[0].batch_no
+		sr.save()
+
+		self.assertEqual(sr.items[0].current_qty, se2.items[0].qty)
+		self.assertEqual(len(sr.items[0].current_serial_no.split("\n")), sr.items[0].current_qty)
+
 
 def create_batch_item_with_batch(item_name, batch_id):
 	batch_item_doc = create_item(item_name, is_stock_item=1)
diff --git a/erpnext/stock/utils.py b/erpnext/stock/utils.py
index 9f654fc6632..e019c572daf 100644
--- a/erpnext/stock/utils.py
+++ b/erpnext/stock/utils.py
@@ -95,6 +95,7 @@ def get_stock_balance(
 	with_valuation_rate=False,
 	with_serial_no=False,
 	inventory_dimensions_dict=None,
+	batch_no=None,
 ):
 	"""Returns stock balance quantity at given warehouse on given posting date or current date.
 
@@ -124,6 +125,9 @@ def get_stock_balance(
 
 	if with_valuation_rate:
 		if with_serial_no:
+			if batch_no:
+				args["batch_no"] = batch_no
+
 			serial_nos = get_serial_nos_data_after_transactions(args)
 
 			return (
@@ -140,27 +144,30 @@ def get_stock_balance(
 
 
 def get_serial_nos_data_after_transactions(args):
-
 	serial_nos = set()
 	args = frappe._dict(args)
-	sle = frappe.qb.DocType("Stock Ledger Entry")
 
-	stock_ledger_entries = (
+	sle = frappe.qb.DocType("Stock Ledger Entry")
+	query = (
 		frappe.qb.from_(sle)
-		.select("serial_no", "actual_qty")
+		.select(sle.serial_no, sle.actual_qty)
 		.where(
-			(sle.item_code == args.item_code)
+			(sle.is_cancelled == 0)
+			& (sle.item_code == args.item_code)
 			& (sle.warehouse == args.warehouse)
 			& (
 				CombineDatetime(sle.posting_date, sle.posting_time)
 				< CombineDatetime(args.posting_date, args.posting_time)
 			)
-			& (sle.is_cancelled == 0)
 		)
 		.orderby(sle.posting_date, sle.posting_time, sle.creation)
-		.run(as_dict=1)
 	)
 
+	if args.batch_no:
+		query = query.where(sle.batch_no == args.batch_no)
+
+	stock_ledger_entries = query.run(as_dict=True)
+
 	for stock_ledger_entry in stock_ledger_entries:
 		changed_serial_no = get_serial_nos_data(stock_ledger_entry.serial_no)
 		if stock_ledger_entry.actual_qty > 0: