Kaynes Technology reports earnings miss, analysts revise forecasts
pre-market1 source ↓written by the desknot a recommendation
- of expectations
- 15% short
- missed estimates
- ₹11.20
- missed estimates
- 38%
- 75% increase
- 53%
Kaynes Technology India Limited reported Q3 revenues of ₹8.0b, falling 15% short of expectations. Statutory earnings per share of ₹11.20 missed estimates by 38%. Following this earnings miss, analysts have adjusted their forecasts, projecting revenues of ₹58.8b by 2027, a 75% increase, and EPS of ₹88.83, up 53%.
Not investment advice. For informational purposes only.