The company posted a consolidated bottom-line of Rs 45.4 crore, compared to Rs 118 crore in the year-ago period. Alongside its quarterly results, Kaynes Technology's board approved a joint venture agreement with Toyokawa Techno Private Limited to establish a manufacturing venture in India. Kaynes Technology's Q2 FY27 net profit plunges 62% to Rs 45.4 crore as finance and employee costs rise; revenue grows 4% to Rs 952.5 crore.