2025-02-06 02:37:11 pm | Source: Motilal Oswal Financial Services Ltd
Company Update : Kaynes Technologies Ltd By Motilal Oswal Financial Services Ltd
Earnings below estimates
* Consolidated revenue grew 30% YoY to INR6.6b (est. INR7.9b).
* Gross margin expanded 650bp YoY to 30.8%.
* EBITDA grew 35% YoY to INR940m (est. INR1.2b).
* EBITDA margin expanded 50bp YoY to 14.2% (est. 15.2%).
* Adjusted PAT grew 47% YoY to INR665m (est. of INR892m).
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