Kaynes Tech shares crash 8% after weak Q1 results: What are Nomura and Motilal Oswal saying
- Posted on August 10, 2026
- By Business News Today
- 1 Views
- 1 min read
In brief
Kaynes Technology faces investor scrutiny as stock declines 8% following disappointing quarterly performance. While the electronics manufacturing services company demonstrated robust top-line expansion with revenue climbing 40.5% year-over-year to Rs 946 crore, net profitability contracted sharply by 24.4% to Rs 56.4 crore. The disconnect between revenue growth and profit decline, coupled with margin compression from 16.7% to 15.6%, signals rising operational costs and competitive pressures in the EMS sector.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
Kaynes Tech shares crash 8% after weak Q1 results: What are Nomura and Motilal Oswal saying
Kaynes Technology shares tanked 8% after the electronics manufacturing services firm reported a 24.4% YoY decline in Q1 FY27 net profit to Rs 56.4 crore. Revenue, however, surged 40.5% to Rs 946 crore, while EBITDA rose 29.5% to Rs 147.5 crore. The EBITDA margin narrowed to 15.6% from 16.7%, reflecting pressure on profitability despite strong revenue growth.
