 "Brokers trade at their computer terminals at a stock brokerage firm in Mumbai. Photo: Reuters")
KPIT Technologies dipped 6% to Rs 136 on the BSE in intra-day trade after the dollar revenue of the company for December 2016 quarter (Q3FY17) declined 0.44% to $123 million than September quarter. In constant currency terms there was a marginal growth of 0.2%.
In rupee terms, IT consulting and product engineering firm posted a net profit of Rs 73.6 crore in Q3FY17, up 30.98% over the previous quarter. This included a one-time exceptional gain of Rs 26 crore, on account of sale of the company’s entire stake in KPIT medina Technologies AG.
Revenues for the quarter stood
In rupee terms, IT consulting and product engineering firm posted a net profit of Rs 73.6 crore in Q3FY17, up 30.98% over the previous quarter. This included a one-time exceptional gain of Rs 26 crore, on account of sale of the company’s entire stake in KPIT medina Technologies AG.
Revenues for the quarter stood
