Q3 Earnings Impact: Shares of KPIT Tech Rise 8% on the Company’s FY25 Forecast Increase
Following impressive Q3FY25 results that increased EBIT margin projection to above 21%, KPIT Technologies’ shares jumped 8%. Revenue increased 17.6% to ₹1,477.96 crore, while net profit increased 19.27% to ₹186.97 crore. After KPIT Technologies reported impressive results for the quarter ending December 2024 (Q3FY25) and increased its EBIT margin guidance for the fiscal year 2025,…