Kaynes Technology Posts 47% Net Profit Surge in Q3 Results, Revenue Soars 29.8%
2025-01-27
cnbctv18
Kaynes Technology, a leading semiconductor manufacturer, has reported a significant 47% jump in net profit in its Q3 results. The company's revenue from operations saw a substantial increase of 29.8% to ₹661.1 crore, up from ₹509.2 crore in the same period last year. This growth is a testament to the company's strong performance in the semiconductor industry, which is driven by rising demand for electronic components and chip manufacturing. Shares of Kaynes Technology India Ltd closed at ₹5,268.95, down by ₹347, despite the positive earnings report. The company's Q3 results highlight its potential for long-term growth in the tech sector, including semiconductor manufacturing and electronics.
