Below are the financial statements of Kaynes Technology India, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of INR | 2024 | 2023 |
|---|---|---|
| Income | — | — |
| Revenue from operations | 18,046.19a | 11,261.14a |
| Other income | 559.16a | 113.98a |
| Total income | 18,605.35a | 11,375.12a |
| Expenses | — | — |
| Cost of materials consumed | -13,712.02a | -8,478.01a |
| Changes in inventories of finished goods and work in progress | -412.64a | -677.24a |
| Employee benefit expenses | -1,027.56a | -770.99a |
| Finance cost | -533.74a | -349.36a |
| Depreciation and amortisation expense | -251.41a | -187.41a |
| Other expenses | -1,177.57a | -1,006.2a |
| Total expenses | -16,289.66a | -10,114.73a |
| Profit/(loss) before tax | 2,315.69a | 1,260.39a |
| Tax expenses | — | — |
| Income taxes - Current tax | -458.39a | -292.43a |
| Earlier year tax adjustments | 0a | -18.71a |
| Deferred tax charge/(credit) | -24.41a | -2.71a |
| Total tax expense | -482.8a | -308.43a |
| Profit/(loss) for the year | 1,832.89a | 951.96a |
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