Kaynes Technology India Limited has announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. The board approved these results at a meeting held on November 4, 2025. These results provide insights into the company’s performance during the second quarter of fiscal year 2026, with both standalone and consolidated figures reflecting the company’s broader financial health and operational achievements.
Financial Performance Overview
Kaynes Technology’s board of directors has approved the unaudited financial results for Q2 FY26. The results include both standalone and consolidated figures, offering a comprehensive view of the company’s financial standing.
Standalone Financial Results Highlights
The following are key highlights from the unaudited standalone financial results for the quarter ended September 30, 2025:
- Revenue from operations: ₹4,671.28 million
- Total Income: ₹5,179.29 million
- Profit before tax: ₹904.34 million
- Profit for the period: ₹628.98 million
Consolidated Financial Results Highlights
The following are key highlights from the unaudited consolidated financial results for the quarter ended September 30, 2025:
- Revenue from operations: ₹9,062.18 million
- Total Income: ₹9,492.90 million
- Profit before tax: ₹1,516.77 million
- Profit for the period: ₹1,214.13 million
Capital Expenditure and Expansion
The company has utilized IPO proceeds for various purposes, including funding capital expenditure and expansion. A total of ₹6,257.44 million has been utilized from IPO proceeds, including funds for existing manufacturing facilities and a new facility at Chamarajanagar, Karnataka. Additionally, ₹262.00 million was claimed as utilization during the current quarter for capital expenditures incurred through internal accruals.
QIP Proceeds Utilization
Kaynes Technology has also utilized funds from Qualified Institutional Placements (QIP). Approximately ₹8,372.45 million has been utilized from the first QIP and ₹9,732.85 million from the second QIP, allocated to part funding the establishment of OSAT and PCB facilities, and for general corporate purposes. The unutilized QIP proceeds are temporarily invested in deposits with scheduled commercial banks and mutual funds.
Acquisition and Merger
During the quarter, Kaynes Canada Limited acquired 100% stake in August Electronics Inc., which has subsequently been merged with August Electronics Inc.
Source: BSE
