Kaynes Technology India Ltd Q3FY24; 96% rise in Profits

Incorporated in 2008, Kaynes Technology is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturing company. The company provides conceptual design, process engineering, integrated manufacturing, and life-cycle support for major players in the automotive, industrial, aerospace and defense, outer-space, nuclear, medical, railways, Internet of Things (“IoT”), Information Technology (“IT”) and other segments.

Financial Results:

Kaynes Technology India Ltd reported Revenues for Q3FY24 of ₹509.00 Crores up from ₹289.00 Crore year on year, a rise of 76.12%.

Total Expenses for Q3FY24 of ₹460.00 Crores up from ₹262.00 Crores year on year, a rise of 75.57%.

Consolidated Net Profit of ₹45.00 Crores up 95.65% from ₹23.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.07, up 79.90% from ₹3.93 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.