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KPIT Technologies shares slide 4% as Q4 profit falls 33% YoY to Rs 163 crore

KPIT Technologies shares fell sharply on Thursday. The automotive software firm reported a 33% year-on-year decline in net profit for the March quarter. This occurred despite a healthy 12% rise in revenue. Operating expenses increased significantly. The company’s board recommended a final dividend. Management cited global uncertainties impacting the mobility sector.

Source :- Markets-Economic Times Read More

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