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KPIT Technologies saw net profit drop 17% year-on-year to ₹169 crore in Q2 FY26 despite 8% revenue growth and strong European demand.
KPIT Technologies posted a 17% year-on-year drop in net profit to ₹169.08 crore for Q2 FY26, despite an 8% revenue rise to ₹1,587.71 crore, driven by strong European demand.
The profit decline stemmed from higher expenses and strategic investments, including acquisitions and AI ventures.
The company secured $232 million in new contracts, notably a major multi-year deal with a European automaker for software-defined vehicle development, and expanded its workforce to 12,879.
EBITDA margin improved to 21.1%.
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KPIT Technologies registró una caída del beneficio neto del 17% interanual a ₹169 crore en el segundo trimestre del año fiscal 26 a pesar del crecimiento del 8% en los ingresos y la fuerte demanda europea.