Kaynes Technology India Ltd's Q3FY25 Quarterly Results

Result Summary

• Kaynes Technology India Ltd reported a 13.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 32.2%.
• Its expenses for the quarter were up by 16.2% QoQ and 31.5% YoY.
• The net profit increased 10.4% QoQ and increased 47.0% YoY.
• The earnings per share (EPS) of Kaynes Technology India Ltd stood at 10.3 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Kaynes Technology India Ltd is a company engaged in providing electronic system design and manufacturing services. The company operates within the technology sector, focusing on offering a broad range of services that include printed circuit board assembly, box build, and product integration services for various industries. While specific recent developments are not detailed in the provided data, Kaynes Technology India Ltd's business is influenced by trends in the technology manufacturing sector and the demand for electronic components. The company's operations are likely affected by factors such as technological advancements and the competitive landscape in the electronics manufacturing industry.

Revenue

In the third quarter of fiscal year 2025, Kaynes Technology India Ltd reported a total income of ₹685.82 crores. This marks a significant increase of 13.2% from the previous quarter, where total income stood at ₹605.67 crores. Comparing year-over-year figures, the total income grew by 32.2% from ₹518.72 crores in the third quarter of fiscal year 2024. These figures highlight the company's robust revenue growth over both the quarter and the year, reflecting a positive trajectory in its financial performance.

Profitability

The company's profitability in Q3FY25 is illustrated by a profit after tax (PAT) of ₹66.46 crores. This represents a quarter-over-quarter increase of 10.4% compared to ₹60.21 crores in Q2FY25, and a year-over-year increase of 47.0% from ₹45.20 crores in Q3FY24. The profit before tax (PBT) for the same period is ₹80.85 crores, showing a slight decline of 4.8% from the previous quarter's ₹84.94 crores, but a notable increase of 38.2% from ₹58.49 crores in Q3FY24. The earnings per share (EPS) for Q3FY25 stands at ₹10.30, up 10.8% from the previous quarter and 37.3% from the same quarter last year. The tax expense for the quarter was ₹14.39 crores, which decreased by 41.8% from the previous quarter but increased by 8.2% year-over-year.

Operating Metrics

Kaynes Technology India Ltd's total expenses for Q3FY25 amounted to ₹604.97 crores, reflecting a quarter-over-quarter increase of 16.2% from ₹520.72 crores in Q2FY25, and a year-over-year increase of 31.5% from ₹460.22 crores in Q3FY24. Despite the increase in expenses, the company managed to achieve substantial growth in its profit after tax. The financial performance indicates efficient expense management in relation to revenue generation. The company's earnings per share reflect improved profitability, aligning with its increased income and profit margins over the observed periods.