Kaynes Technology India Limited announced a 21.5% year-on-year decrease in consolidated net profit for the fourth quarter of FY26, amounting to Rs 91.2 crore. This figure was lower compared to the Rs 116.2 crore net profit recorded in the same quarter of the previous financial year. However, there was an improvement in profit sequentially from Rs 76.6 crore in Q3 FY26.
Revenue from operations saw a 26.2% year-on-year increase to Rs 1,242.6 crore in the January-March quarter, up from Rs 984.4 crore in the corresponding period last financial year. Sequentially, revenue surged from Rs 804 crore in the preceding quarter. EBITDA rose by 15.4% to Rs 193.6 crore from Rs 167.7 crore a year ago, although the EBITDA margin decreased to 15.6% from 17% in the same quarter last year.
In the full financial year FY26, Kaynes Technology reported a 33% rise in consolidated revenue from operations to Rs 3,626.4 crore, compared to Rs 2,721.8 crore in FY25. Annual net profit also increased to Rs 363.9 crore from Rs 293.4 crore in the previous fiscal year, with basic earnings per share improving to Rs 54.85 from Rs 45.82.
Shares of Kaynes Technology India closed 3.28% higher at Rs 4,182 on the NSE before the earnings announcement. During the quarter, the company acquired a 76% stake each in Aerocaliph Components Private Limited and Cryo Precision Technologies Private Limited to enhance its electronics system design and manufacturing operations.
Kaynes Technology, headquartered in Mysore, is an Electronic System Design and Manufacturing (ESDM) company with more than three decades of experience. It offers comprehensive IoT-enabled solutions in various sectors such as automotive, industrial, aerospace, and defense through its 16 manufacturing facilities across India. The company has also diversified into OSAT semiconductor capabilities in recent years.
