Kolkata, New Delhi, INDIA. New York, USA.
Business To Business, New Delhi, 29th July, 2026: KPIT Technologies on Wednesday reported a 31.83 per cent year-on-year decline in consolidated net profit to Rs 117.17 crore for the April–June quarter (Q1 FY27), citing the impact of global headwinds in the automotive sector.
The company had posted a consolidated net profit attributable to owners of Rs 171.89 crore in the corresponding quarter of the previous financial year, according to a regulatory filing.
Despite the decline in profitability, revenue from operations increased 8.85 per cent to Rs 1,674.99 crore during the quarter, compared with Rs 1,538.76 crore in the same period of FY26.
The results reflect continued business growth in terms of revenue, even as challenging conditions in the global automotive industry weighed on the company's earnings during the quarter.