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VERIFIEDET Stocks·negative
KPIT Technologies shares crash 7% after profit falls 32% to Rs 117 crore in Q1
AI Summary
- ·KPIT Technologies shares fell 7% to Rs 592 on the BSE.
- ·The company reported a 32% year-on-year decrease in net profit for Q1 FY27, amounting to Rs 117 crore.
- ·Operating margins contracted to 17.2% due to client pressures and a slowdown in guidance.