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via thehindubusinessline.comMarkets

KPIT Technologies net profit declines 28% to ₹120.61 crore in Q2

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

On a quarterly basis the company reported nearly 3% growth in profit attributable to company owners and revenue grew 1% compared to previous quarter

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishYear-on-year profit drop at an Indian IT company, with slight sequential growth.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Net profit attributable to owners falls 28% to ₹120.61 crore.
  2. 02On a quarterly basis profit grows nearly 3%.
  3. 03Revenue grew 1% compared with the previous quarter.

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Breaking live stories come from third-party newswires via feed; headline and summary belong to the stated source. Impact analysis: UCapital AI · News Impact.

AI use policy. UCapital AI supports the newsroom with news analysis, summaries, market reactions, translations and the generation of cards and charts. AI-generated or AI-assisted content is labelled in the byline (AI Desk, a named AI profile marked «AI», or joint byline) and is reviewed by editors before publication. News received via API feeds from third-party providers is attributed to the original source. AI can make mistakes: report any inaccuracies to the newsroom. Users’ personal data is not used to train the models.