Kaynes Technology Q4 profit declines 22% despite revenue growth
pre-market1 source ↓written by the desknot a recommendation
- from ₹116 cr
- 22% YoY
- Revenue surged
- 26%
- ₹1,243 cr
- Operating expenses rose
- 33%
Kaynes Technology reported a net profit of ₹91 cr for Q4, down 22% YoY from ₹116 cr. Revenue surged 26% to ₹1,243 cr, driven by strong demand in electronics manufacturing services. Operating expenses rose 33%, impacting profitability amid ongoing capacity expansion. This performance highlights the company's growth potential despite rising costs.
Not investment advice. For informational purposes only.