EL7.AI
StocksMedium•15 November 2026•
2 min read

Kaynes’ Profit Attributable to Owners Falls to 454.22 Million Rupees in Second Quarter

Key Facts

1Consolidated profit attributable to Kaynes Technology’s owners was 454.22 million rupees in the quarter, compared with 1,182.25 million in the corresponding period.
2Consolidated revenue from operations was 9,525.15 million rupees in the quarter, compared with 9,121.25 million in the corresponding period.
3Consolidated finance costs rose to 387.26 million rupees from 132.63 million.
4The group’s share of losses from associates was 60.02 million rupees in the quarter, compared with 26.18 million.
5The stock closed at 3,430 rupees on November 13, 2026, down 1.5% during the session.

Kaynes Technology said consolidated profit attributable to owners of the company was 454.22 million rupees in the quarter ended September 30, 2026, compared with 1,182.25 million rupees in the year-earlier period. The company’s unaudited financial results showed a decline in this profit measure as quarterly revenue from operations rose to 9,525.15 million rupees from 9,121.25 million. For the six months ended September 30, profit attributable to owners was 964.99 million rupees. The stock closed at 3,430 rupees on November 13, down 1.5% during the session. That close came before the results were announced over the weekend, so it reflects trading before the disclosure.

Consolidated revenue from operations was 9,525.15 million rupees in the quarter, compared with 9,121.25 million in the corresponding quarter last year, while first-half revenue reached 18,987.27 million rupees against 16,109.18 million. These figures show year-on-year revenue growth for both the quarter and the first half. At the same time, profit attributable to the company’s owners was 454.22 million rupees for the quarter and 964.99 million for the six months. Consolidated basic earnings per share were 6.76 rupees in the quarter, compared with 17.64 rupees in the corresponding period. The figures place the quarterly profit decline alongside revenue growth and lower earnings per share.

Consolidated finance costs rose to 387.26 million rupees in the quarter from 132.63 million in the year-earlier period. Depreciation and amortization expenses also increased to 347.33 million rupees from 198.98 million. The results show both items rising from the corresponding quarter, alongside the decline in profit attributable to the company’s owners. The figures disclosed here do not specify how much each item individually contributed to the change in profit. The comparison of revenue, profit, finance costs and depreciation presents the trends recorded in the consolidated statements.

The group recorded a share of losses from associates of 60.02 million rupees in the quarter, compared with 26.18 million in the corresponding period. The same share of losses totaled 104.40 million rupees in the first half. The limited review report on the consolidated results said the financial information of Mixx Technologies Inc., from which the share of loss was calculated, had not been reviewed or audited. The auditors said they were unable to determine any potential adjustments to the group’s share of loss or to the investment’s carrying value. This qualification limits the information underlying the share of loss recorded in the results.