Mumbai, May 13 (IANS) Kaynes Technology India Limited on Wednesday reported a 21.5 per cent year-on-year (YoY) decline in consolidated net profit for the fourth quarter (Q4) of FY26 at Rs 91.2 crore.

The company had posted a net profit of Rs 116.2 crore in the corresponding quarter last financial year (Q4 FY25), according to its stock exchange filing.

However, on a sequential basis, profit improved from Rs 76.6 crore reported in Q3 FY26.

Revenue from operations rose 26.2 per cent year-on-year to Rs 1,242.6 crore in the January-March quarter, compared to Rs 984.4 crore in the same period last financial year.

Sequentially, revenue climbed sharply from Rs 804 crore in the previous quarter, as per its filing.

At the operating level, EBITDA increased 15.4 per cent to Rs 193.6 crore from Rs 167.7 crore a year ago.

However, EBITDA margin narrowed to 15.6 per cent from 17 per cent in the year-ago quarter.

For the full financial year FY26, the company reported a 33 per cent increase in consolidated revenue from operations to Rs 3,626.4 crore, compared to Rs 2,721.8 crore in FY25.

Annual net profit rose to Rs 363.9 crore from Rs 293.4 crore in the previous fiscal, while basic earnings per share improved to Rs 54.85 from Rs 45.82.

Ahead of the earnings announcement, shares of Kaynes Technology India closed 3.28 per cent higher at Rs 4,182 on the NSE.

During the quarter, the company acquired a 76 per cent stake each in Aerocaliph Components Private Limited and Cryo Precision Technologies Private Limited to strengthen its electronics system design and manufacturing operations.

Based in Mysore, Kaynes Technology is an Electronic System Design and Manufacturing (ESDM) player with over three decades of experience.

The company provides end-to-end IoT-enabled solutions across sectors including automotive, industrial, aerospace and defence through its 16 manufacturing facilities across India. It has also expanded into OSAT semiconductor capabilities in recent years.

–IANS

pk