Kaynes Technology Q1 falls short of estimates; net profit drops 24% despite 41% revenue growth

Kaynes Technology India Ltd reported a net profit of ₹56 crore for the first quarter of FY27, which fell 24.4% from last year. Although revenue grew 40.5% to ₹946 crore, the profit missed market estimates. Shares of the company ended at ₹3,850.00, up by ₹28.00 on the BSE Friday.