Kaynes Technology saw a 5% surge in morning trading after posting robust Q2 FY25 financial results, showing significant year-over-year growth across all key metrics.
- Net Profit: The company reported a remarkable 86.4% increase in net profit, reaching ₹60.2 crore compared to ₹32.3 crore in the same quarter last year.
- Revenue: Revenue climbed by 58.6%, hitting ₹572.1 crore, up from ₹360.8 crore YoY, reflecting strong operational performance.
- EBITDA: EBITDA rose by 68% to ₹82 crore, compared to ₹48.8 crore last year.
- EBITDA Margin: Margins improved as well, reaching 14.3%, up from 13.5% YoY, indicating better cost management and profitability.
As of 9:16 am, Kaynes Technology shares were trading 4.06% higher at Rs 5,455.45 on the NSE.
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