Kaynes Technology India (KAYNES) Q2 24/25 earnings summary

Executive summary

• Board approved unaudited standalone and consolidated results for the quarter and half year ended September 30, 2024.

• Financial statements reviewed and approved by Audit Committee and Board; auditor reports are unqualified.

Financial highlights

• Consolidated revenue from operations for Q2 FY25 was ₹5,721.16 million, up from ₹3,608.45 million in Q2 FY24.

• Consolidated net profit for Q2 FY25 was ₹602.08 million, up from ₹323.09 million in Q2 FY24.

• Standalone revenue for Q2 FY25 was ₹4,328.42 million, up from ₹2,915.46 million in Q2 FY24.

• Standalone net profit for Q2 FY25 was ₹625.72 million, up from ₹254.12 million in Q2 FY24.

Outlook and guidance

• Unutilised IPO and QIP proceeds as of September 30, 2024, are temporarily invested in deposits and mutual funds, supporting future expansion and capital projects.