The Economic Times

KPIT Tech Q3 Results: Net profit plunges 29% to Rs 133 crore; revenue up 9% to Rs 1,617 crore

Mobility and automotive solutions company KPIT Technologies on Thursday reported a 28.7 per cent decline in consolidated net profit to Rs 133.30 crore for the December quarter, primarily weighed down by a one-time statutory impact related to new labour codes.