Kaynes Tech Q2 Results: Net profit doubles from last year

Kaynes Technology India Ltd. reported its earnings for the September quarter after market hours on Tuesday, November 4. The company's net profit for the quarter under review increased 102% to ₹121.4 crore from ₹60.2 crore in the same period last year. Its revenue was up 58.4% at ₹906.2 crore from ₹572 crore in the second quarter last fiscal. Kaynes Tech's earnings before interest, tax, depreciation and amortisation (EBITDA) increased 80.6% to ₹148 crore in the September quarter from ₹82 crore last year.