Kaynes Technology Issues Corrigendum for FY26 Financial Results

Kaynes Technology India Ltd has issued a corrigendum to its audited consolidated financial results for the year ended March 31, 2026. The company identified an inadvertent classification error in the Balance Sheet schedules concerning 'Long Term Provisions' and 'Short-term provisions'. The reclassified figures for Long Term Provisions are ₹127.00 Millions (previously ₹167.48 Millions) and for Short-term Provisions are ₹50.57 Millions (previously ₹10.09 Millions). The company stated there is no change in the Total Liabilities as at March 31, 2026. Additionally, there were reclassifications in the 'Other comprehensive income' section for both standalone and consolidated results, specifically between items that will and will not be reclassified to profit or loss. The company has apologized for any inconvenience caused.