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KPIT Tech shares in focus as company expects Q1 revenue decline, sharp hit to margins. Crash ahead?

KPIT Technologies anticipates a significant drop in its first-quarter FY27 financial performance, with revenue expected to decline by approximately 1% year-on-year. This downturn is attributed to unexpected actions by European automakers facing profit warnings. While short-term challenges are acknowledged, the company remains optimistic about long-term growth driven by outsourcing and automation, expecting a strong rebound in the second half of FY27.

Source :- Markets-Economic Times Read More

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