Kaynes posts 11% sequential revenue drop on delayed railway order, cuts FY26 target

Kaynes Technology reported a sequential revenue and profit decline, trims FY26 guidance and flags delayed Kavach execution for Indian Railways, even as rival Syrma SGS reports growth and turns cash-flow positive.

Kaynes posts 11% sequential revenue drop on delayed railway order, cuts FY26 target
Kaynes Technology reported a sequential revenue and profit decline, trims FY26 guidance and flags delayed Kavach execution for Indian Railways, even as rival Syrma SGS reports growth and turns cash-flow positive.

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