ReferIndia News 'Inconsistent', 'Ambiguous': Kotak Flags Accounting, Cash Flow Concerns in Kaynes Technology’s Annual Report

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'Inconsistent', 'Ambiguous': Kotak Flags Accounting, Cash Flow Concerns in Kaynes Technology’s Annual Report

Published on: Dec. 4, 2025, 3:46 p.m. | Source: NDTV Profit

In a significant development at Kaynes Technologies Ltd., Kotak Institutional Equities has raised some serious concerns surrounding the company's FY25 annual report, highlighting "ambiguous" and rising financial strain from the aggressive expansion model. In its latest note, Kotak has highlighted the outsized impact of Kaynes' smart metering acquisition, Iskraemeco

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