Three studies have looked at kefir as a post-exercise beverage (excluding one which used a heat-killed, non-probiotic product made from kefir.[38])
One trial examined the effects of kefir on healthy young adults undergoing endurance training. Kefir didn't affect body density, body composition, heart rate, blood pressure, injury rate, self-reported sickness, or the time it took the athletes to run 1.5 miles. The study did find that C-reactive protein (CRP) increased during endurance training in the control group but not in the kefir group, which could indicate that kefir mediated exercise-induced inflammation; on the other hand, the pre-intervention C-reactive protein was much lower in the endurance control group than in any other group, and the post-intervention levels of CRP matched all the other groups, so it's hard to know how to interpret this finding.[29]
Another trial compared kefir, boza (a traditional Turkish yeast-fermented grain beverage) and control as postexercise beverages in healthy, sedentary young men. They found that the serum levels of alanine aminotransferase (ALT) and total oxidant status (TOS) were significantly reduced in the exercise + kefir group. However, while the authors used a statistical test to compare the exercise+(kefir/boza) groups to the exercise-only group, they didn't include the results of that test in the paper. Between that omission, the small sample size, and the lack of statistical correction for multiple comparisons, these findings should be treated as preliminary. [35]
A third trial put cancer survivors, who had undergone chemotherapy and/or radiation at most 2 years previously, in a 12-week structured exercise program, with either kefir or nothing as a post-exercise beverage. The participants who drank kefir after each exercise session saw greater improvements in lean body mass, depression, fatigue, and gastric distress than the control participants, who weren't given any post-exercise beverage. The kefir group also saw a significant reduction in circulating lipopolysaccharides (an endotoxin), and changes in their leucocyte population. However, there was no milk control in this study, so we don't know whether these effects could have been seen with low-fat milk. The kefir group didn't have any greater improvement than control in oxygen uptake or in measurements of strength.[16]
To sum up, there's no evidence that kefir as a post-exercise beverage increases gains in strength, speed or endurance, but one small study suggests it may beneficially effect lean body mass as well as reducing depression, fatigue, and gastric distress.