KPIT Tech Q3 Results: Net profit plunges 29% to Rs 133 crore; revenue up 9% to Rs 1,617 crore

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Mobility and automotive solutions company KPIT Technologies on Thursday reported a 28.7 per cent decline in consolidated net profit to Rs 133.30 crore for the December quarter, primarily weighed down by a one-time statutory impact related to new labour codes.

The Pune-headquartered company had posted a profit (attributable to owners of the company) of Rs 186.97 crore in the December quarter of FY25.

KPIT’s revenue from operations increased by 9.4 per cent to Rs 1,617.45 crore in Q3 FY26, as against Rs 1,477.95 crore in the year-ago period.

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KPIT Tech Q3 Results: Net profit plunges 29% to Rs 133 crore; revenue up 9% to Rs 1,617 crore



Mobility and automotive solutions company KPIT Technologies on Thursday reported a 28.7 per cent decline in consolidated net profit to Rs 133.30 crore for the December quarter, primarily weighed down by a one-time statutory impact related to new labour codes.

The Pune-headquartered company had posted a profit (attributable to owners of the company) of Rs 186.97 crore in the December quarter of FY25.

KPIT’s revenue from operations increased by 9.4 per cent to Rs 1,617.45 crore in Q3 FY26, as against Rs 1,477.95 crore in the year-ago period.

Seen on a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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