Kaynes Technology reaffirms FY28 $1 bn sales target despite Q3 miss
Kaynes Technology reaffirms FY28 $1 bn sales target despite Q3 miss is drawing significant interest across the industry.
Kaynes Technology CFO Jairam Sampath said the company expects FY26 revenue of about ?4,100 crore, lower than the earlier ?4,400 crore estimate, mainly due to postponement of about ?300 crore in railway-related business. The company expects Q4 revenue of about ?1,700 crore and EBITDA margins of around 16%.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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