KPIT Tech Q1 Results: Shares rally 10% even as net profit drops 32% YoY to Rs 117 crore. Here’s why

KPIT Technologies reported a 32% YoY decline in Q1 FY27 net profit to Rs 117 crore, but its shares surged 10% to Rs 662.65 as revenue grew 9% to Rs 1,675 crore, slightly topping management’s previous outlook. The company also announced a final dividend of Rs 5.25 per share.