KPIT Tech shares climb 4% despite Q1 profit decline; here's why

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KPIT Tech: The company's net profit for the quarter stood at Rs 171.9 crore compared to Rs 204.2 crore in the same period last year. Despite the profit dip, KPIT reported a 12.76 per cent YoY increase in revenue from operations, which rose to Rs 1,538.76 crore from Rs 1,364.63 crore in Q1 FY25.