Kaynes Technology Result has once again delivered an impressive financial performance, and this quarter’s numbers truly reflect the company’s growth strength and operational momentum. The quarter ended 30th September 2025 was not just strong on a QoQ basis, but it also showcased exceptional YoY expansion — signalling consistent demand and efficient execution across the business.
Revenue from operations jumped to ₹9,062.18 crore, up sharply from ₹6,734.66 crore in the previous quarter and ₹5,721.16 crore in the same quarter last year. That’s a solid 34.55% QoQ growth and an even more remarkable ~58.44% YoY growth. When a company demonstrates this kind of expansion both quarter-to-quarter and year-to-year, it’s a strong indicator that the industry tailwinds and internal strategies are aligning perfectly. Including other income, total income climbed to ₹9,492.90 crore, reflecting ~35.51% QoQ and ~56.8% YoY growth.
Now naturally, with business scaling, expenses followed suit — rising to ₹7,976.13 crore this quarter, compared to ₹6,044.75 crore in Q1 and ₹5,207.23 crore a year ago. That’s a ~31.95% QoQ and ~53.2% YoY rise. The major cost driver remained raw material consumption, which makes sense given the higher production cycle. Interestingly, inventory adjustments turned negative this quarter, hinting that the company successfully converted its inventory into sales — always a healthy sign of demand visibility and operational efficiency. Employee expenses remained disciplined, and finance costs were well controlled, suggesting smart balance sheet management.
| Metric | Sep’25 | QoQ (vs Jun’25) | YoY (vs Sep’24) |
| Revenue | 9,062.18 | +34.6% (6,734.66) | +58.4% (5,721.16) |
| Total Expenses | 7,976.13 | +31.95% (6,044.75) | +53.2% (5,207.23) |
| Net Profit | 1,214.13 | +62.75% (746.12) | +101.6% (602.08) |
| Net Margin | 13.4% | ↑ from 11.1% | ↑ from 10.5% |
Kaynes Technology has built a well-diversified product portfolio across multiple high-growth industries, including automotive, industrial electronics, EVs, railways, medical devices, aerospace & defense, and IoT solutions. From automotive PCB assemblies and smart energy meters to X-ray machines, rail signaling systems, and mission-critical defense electronics, the company serves essential sectors that are seeing strong momentum.
This broad exposure reduces dependency on any single industry and positions the company to benefit from multiple demand cycles. With rising automobile sales in India and supportive policy measures like potential GST cuts on EVs and electronics manufacturing, growth tailwinds remain strong. Additionally, ongoing investment in healthcare, defense modernization, and smart industrial infrastructure further enhances long-term visibility.
Also read; Kaynes Technology: Business Model and Growth Story
Overall, Keynes Technology’s diverse product base and alignment with major emerging themes — EV adoption, digital infrastructure, defense indigenization, and automation — provide a solid platform for continued expansion and value creation.
The stock has corrected nearly 15% over the past month, but it’s still holding above a key support level on the trendline, which has not been broken yet. Even today, the price dipped intraday and formed a low near the support zone, showing buyers are still active and defending this level. This kind of price action suggests that despite the recent pullback, the stock is trying to stabilize and may see a reversal if it continues to hold this support and demand gradually picks up.
Kaynes Technology Result looks set for strong future growth backed by solid quarterly performance and rising demand across key industries like automotive, EVs, medical electronics, and aerospace. The company is also expanding capacity with a new facility in Sanand, where it will test semiconductor chips — a strategic move aligning with India’s semiconductor mission. With supportive government policies, potential GST reductions, and incentives for electronics and chip manufacturing, the company is well-placed to benefit from industry tailwinds and continue scaling its business efficiently.
1. How did Kaynes Technology perform in the September 2025 quarter?
Kaynes Technology reported a strong performance in Q2 FY26. Revenue grew to ₹9,062.18 crore, marking a 34.6% QoQ and 58.4% YoY jump, reflecting robust demand and efficient execution across its business segments.
2. What drove the strong revenue growth this quarter?
The growth was driven by strong demand across key industries like automotive electronics, EV components, industrial automation, medical electronics, and defense systems. Better inventory management and higher production utilization also contributed to the revenue jump.
3. What are the key industry segments Kaynes operates in?
Kaynes serves multiple fast-growing sectors including:
- Automotive & EV electronics
- Industrial automation & IoT
- Aerospace & defense
- Railways & smart infrastructure
- Healthcare & medical electronics
This diversified portfolio reduces risk and supports consistent growth.
4. What is the outlook for Kaynes Technology?
The outlook remains positive. Strong order pipeline, industry tailwinds in EVs, defense, medical electronics, and chip manufacturing, along with capacity expansion, form a strong base for future growth.