New Delhi, Jan. 30 -- Shares of KPIT Technologies rallied 8 percent in intra-day deals on Thursday, January 30 after the company posted strong results for the quarter ended December 2024 (Q3FY25) and raised its EBIT margin guidance for financial year 2025.
KPIT Technologies has revised its EBITDA margin guidance upward to over 21 percent from its previous estimate of over 20.5 percent. The company, however, has maintained its constant currency revenue growth outlook in the range of 18 to 22 percent.
For the December 2024 quarter, KPIT Technologies reported a 19.27 percent year-on-year increase in net profit, reaching Rs.186.97 crore compared to Rs.156.75 crore in the same quarter last year. Revenue from operations also saw a 17.6 percen...
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