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KPIT Tech Q1 Results: Shares rally 10% even as net profit drops 32% YoY to Rs 117 crore. Here's why
KPIT Technologies reported a 32% YoY decline in Q1 FY27 net profit to Rs 117 crore, but its shares surged 10% to Rs 662.65 as revenue grew 9% to Rs 1,675 crore, slightly topping management's previous outlook. The company also announced a final dividend of Rs 5.25 per share.
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economictimes.indiatimes.com
KPIT Technologies shares rise 4% ahead of Q1FY27 results
KPIT Technologies shares gained over 4% on July 29 to reach Rs 627.70 ahead of its Q1FY27 earnings announcement. Despite near-term momentum and strength in the broader IT sector,…
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KPIT Tech Q1 Results: Shares rally 10% even as net profit drops 32% YoY to Rs 117 crore. Here's why
KPIT Technologies reported a 32% YoY decline in Q1 FY27 net profit to Rs 117 crore, but its shares surged 10% to Rs 662.65 as revenue grew 9% to Rs 1,675 crore, slightly topping…
