KPIT Q2 net profit down 29% as auto clients trim budget

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 29 Oct, 00:30 UTC

The company posted a net profit of Rs 120.6 crore for the quarter ended September 30. Revenue rose 6.5% from a year earlier and 1% sequentially to Rs 1,691 crore. In dollar terms, it posted $176.8 million in revenue. On a constant currency basis, excluding the impact of exchange rates, revenue rose…