Shares of Kaynes Technology India Ltd ended at ₹3,850.00, up by ₹28.00, or 0.73%, on the BSE. 1 Min Read
Electronics component maker Kaynes Technology India Ltd on Friday (August 7) reported net profit of ₹56 crore for the first quarter of FY27, declining 24.4% from ₹75 crore in the corresponding quarter last year. The company’s Q1 FY27 net profit was below the CNBC-TV18 poll estimate of ₹69 crore. Revenue increased 40.5% year-on-year to ₹946 crore in Q1 FY27 from ₹673 crore in Q1 FY26. Revenue was above the CNBC-TV18 poll estimate of ₹866 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 30.5% to ₹148 crore from ₹113 crore in the year-ago period. EBITDA was above the CNBC-TV18 poll estimate of ₹130 crore.
EBITDA margin stood at 15.6% in Q1 FY27 compared with 16.8% in Q1 FY26. The margin was above the CNBC-TV18 poll estimate of 15%. Shares of Kaynes Technology India Ltd ended at ₹3,850.00, up by ₹28.00, or 0.73%, on the BSE. Home Market News Stocks News Kaynes Technology Q1 falls short of estimates; net profit drops 24% despite 41% revenue growth
