Shares of KPIT Technologies crashed nearly 7% to a day's low of Rs 592 on the BSE after the company reported a 32% decline in its consolidated net profit to Rs 117 crore for the first quarter of FY27.
KPIT Tech's revenue from operations, meanwhile, rose around 9% YoY to Rs 1,675 crore during Q1 FY27, from Rs 1,539 crore reported in the corresponding quarter of FY26.