&w=3840&q=100)
Kaynes Technology share price climbs 9% on strong Q4; profit surges 43% YoY
However, at 10:40 AM, Kaynes Technology share price pared gains, and was trading at ₹6,493.25, up 3.08 per cent. In comparison, BSE Sensex was trading 0.30 per cent lower at 82,283.88 level.
What is the reason behind the rally in Kaynes Technology share price?
Kaynes Technology share price zoomed after the company posted strong results in the fourth quarter of financial year 2025 (Q4FY25).
The company's profit zoomed 43 per cent year-on-year (Y-o-Y) to ₹116.2 crore in the March quarter of financial year 2025 (Q4FY25), from ₹81.3 crore in the March quarter of financial year 2024 (Q4FY24).
Its revenue surged 54 per cent annually to ₹984.5 crore, from ₹637.3 crore in Q4FY24.
Subsequently, Ebitda margin expanded 211 basis points (bps) to 17.1 per cent in the March quarter of FY25, from 14.9 per cent in the March quarter of FY24.
Ramesh Kunhikannan, managing director and promoter, Kaynes Technology India said, 'Our orderbook stood at ₹6,596.9 crore as of March 31, 2025, providing strong revenue visibility for FY26 and beyond, giving us confidence to sustain the growth momentum. Our Ebitda margins for FY25 grew to 15.1 per cent and the PAT margins improved to 10.8 per cent. This is a result of our constant endeavour to focus on complex and high margin segments. We expect to sustain this profitable growth and continue to work towards improving efficiencies.'
'With our recent acquisition of August Electronics in Canada, we have strengthened our North American footprint, added manufacturing capabilities in Canada and large high-margin customers. Following this acquisition, we are well positioned to present a compelling opportunity to these customers more comprehensively, positioning the Canada-India alliance as a strategic alternative to China-based sourcing. We are continuously looking to add new capabilities and geographies through a mix of organic and inorganic strategies,' Kunhikannan added.
About Kaynes Technology
Kaynes Technology is an integrated electronics manufacturer in India, offering comprehensive end-to-end and IoT-enabled solutions.
With over 30 years of expertise in the Electronics System Design and Manufacturing (ESDM) sector, Kaynes provides a full spectrum of services—from conceptual design and process engineering to integrated manufacturing and complete life cycle support.
The company serves a wide range of industries including Automotive, Industrial, Electric Vehicles (EVs), Aerospace, Space, Strategic Electronics, Medical, Railways, IoT, and Information Technology (IT).
Kaynes operates 16 state-of-the-art manufacturing facilities capable of producing high-mix, high-value products at varying volumes to meet diverse industry needs.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
an hour ago
- Economic Times
TDSAT to take a call on Trai fine on telcos for failing to curb spam
Synopsis The Telecom Disputes Settlement & Appellate Tribunal will decide next week whether telecom operators must pay ₹141 crore in penalties to TRAI for failing to curb spam. Telcos argue they shouldn't be penalized while the anti-spam platform was being implemented, citing Covid-19 delays. TDSAT previously stayed the penalties, noting the delay wasn't the telcos' fault. New Delhi: The Telecom Disputes Settlement & Appellate Tribunal (TDSAT) is likely to take a decision next week on whether telecom operators need to pay nearly Rs 141 crore as penalty to the Telecom Regulatory Authority of India (Trai) for not curbing tribunal is hearing the matter after telcos challenged the Trai, arguing that they should not be penalised for the time when the anti-spam platform was being implemented. At the last hearing held on August 8, the regulator had filed an affidavit containing the requisite details sought by the tribunal, and the next hearing is scheduled for August 20. The telcos are also expected to submit their response to the affidavit. The regulator had levied penalties on all three private telcos - Reliance Jio, Bharti Airtel and Vodafone Idea - as well as state-run Bharat Sanchar Nigam (BSNL) for failing to control spam. However, the operators challenged the levy arguing that the regulator should not have slapped the penalties when an anti-spam platform was still being developed. The TDSAT had stayed Trai's penalties in January. The fines were levied as part of the Telecom Commercial Communications Customer Preference Regulations, 2018. The telcos argued that the delay in implementation of spam control measures was caused due to Covid-19 and that they were not responsible for it. To support their point, they submitted details to the TDSAT stating that when Trai imposed the penalties, the digital consent acquisition (DCA) platform was still being deployed. The Department of Telecommunications (DoT) had already rejected the demand for Trai to encash bank guarantees of telcos for not paying the fine. While staying the penalties in its January 28 order, the TDSAT observed that telecom firms were not responsible for the delay in implementation of the regulations, including the DCA. "Thus, it is unfair and arbitrary on the part of the respondent to impose financial disincentives on the appellants (telcos) for something which was beyond their control," it said in the order. While the issue of spam has been tackled by multiple stakeholders, the results remain less than satisfactory. The telcos have been asking for telemarketers to be brought under regulatory control, a move supported by the DoT but so far, Trai is yet to move on the issue. Trai's current mechanism to curb spam communications puts the onus on telcos to check the menace, while telemarketers, who are at the heart of aggregating and disseminating commercial messages using telco channels, are not under any regulatory ambit, and practically not accountable, said industry experts. Trai currently levies fines on telcos for spam messages and calls on their networks. Telcos have commercial binding agreements with telemarketers and, as per Trai, operators should recover the penalty from telemarketers.
NDTV
an hour ago
- NDTV
Dubai Is Offering A Virtual Visa For Under Rs 8,900 That Lets You Work And Live There For A Year
From unique attractions to a high quality of life, Dubai is a dream destination for many people. And if you have always wanted to relocate and move to a place temporarily while working, Dubai has something to offer. You can now live and work in Dubai for a year with a Digital Nomad Visa. Yes, it is available for Indians too. All About The Dubai Digital Nomad Visa Dubai Digital Nomad Visa, also known as the Dubai Virtual Working Program, is a visa that allows remote workers to work and live in Dubai for a year while working for a company outside the UAE. You will not require a sponsor to apply for this visa, but you will have to meet the eligibility criteria. Who Is Eligible? To apply for a Dubai Digital Work Visa, you will have to meet the following requirements: You must be an employee of a company registered outside of the UAE, or self-employed with a business registered abroad. Proof of employment that shows you will be working for a company outside the UAE for at least a year. Minimum monthly income of AED 12,856 (Rs 3,06,350 approximately). Documents Required A valid passport with a minimum of six months' validity. Health insurance that covers your stay in Dubai. Proof of employment. A clean criminal record from your home country. Passport-size photo. Most recent payslip showing your monthly income or your 3-month bank statement. Proof of accommodation. How To Apply? 1. You will need to gather all the required documents. 2. Then, you can apply online from the GDRFA-Dubai portal or the Virtual Working Program website, or in person at an Amer Center in Dubai. 3. Next step is to fill out the application form and upload all the required documents. 4. Pay the visa fee, which is around AED 372.5 (Rs 8,876 approximately). However, you may have to pay other expenses, which will take the total application cost to around Rs 53,377 approximately. 5. Once approved, you will receive the entry permit if applying from outside the UAE. 6. Once you arrive in Dubai, you should complete a medical fitness test, biometrics, an Emirates ID application, and a residency visa stamping. The Dubai Digital Nomad Visa typically gets approved in 5-14 business days, but it may vary from one application to another. While anyone who meets the eligibility criteria can live and work by the beach for a year, it is not for someone who wants to stay there for a long time. As for renewal, you can apply for the Virtual Work Visa again, and if you continue to be eligible, you can get the visa again.
Time of India
an hour ago
- Time of India
Govt approves CM Helpline to empower citizens with grievances
Panaji: State govt has decided to start a chief minister helpline to connect with marginalised sections of society who are unable to reach out to govt with their grievances. Govt wants the public to provide suggestions on the state budget or any administrative process for improvement through the 24x7 helpline. State govt granted its approval to appoint a consultant and set up the 'Chief Minister Helpline/Call Centre 24x7' through App Buddy Simplified Technology Consultancy for Rs 1.2 crore as the initial one-time setup cost, with an annual recurring cost of Rs 92 lakh for the first year and a 10% escalation year-on-year for the subsequent three years. A senior govt officer said that the public grievances department's main aim is to redress the grievances of the general public through the online portal PGRS at the state level, through CPGRAMS, Helpline No. 9319334335, and WhatsApp No. 8956642400, where the public can register their grievances with the department concerned or the public grievances department, Panaji. 'Our aim is to enhance public accessibility and streamline the process of addressing grievances by establishing a modern and efficient communication channel and providing proper grievance redressal to the citizens,' the officer said. The CM Helpline 24x7 is proposed to be made operational based on the chief minister's assurance in the budget speech 2023-24. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo 'The CM Helpline will be made operational on a 24x7 basis and will address public issues due to the action or inaction of authorities in delivering services. In addition, the helpline will provide information on various govt schemes and take suggestions on the state budget or any administrative process for improvement,' the officer said. The proposal to set up a 24x7 call centre was initially approved by the CM and the public grievances minister. The setting up of the helpline is a complex and technical process, and developing a software solution for call centre management, reports, facilitation and planning, requires qualified and experienced technical staff to consult and execute the plan and management of the facility, which the department currently does not have, the officer said. Accordingly, administrative approval has been taken for the appointment of a consultant for setting up the CM Helpline. 'A proposal received from App Buddy Simplified Technology Consultant has said that its teams of experts will collaborate closely with this department to develop a robust roadmap tailored to the unique requirements,' the officer said. The officer said that the department has also approved the Goa Electronics Ltd's proposal to start the helpline as a stop-gap arrangement for an initial period of six months until the 24x7 Chief Minister Helpline is fully established. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
