KPIT Technologies reported a consolidated net profit of Rs 169.08 crore for Q2FY26, down 28.12% quarter-on-quarter from Rs 171.89 in Q1FY26. On a year-on-year basis the Q2 net profit slipped by 17.1% from Rs 203.74 crore in Q2FY25. The decline in profit largely came on the back of lower sales volume.
However, the company’s Q2FY26 revenue from operations stood at Rs 1587.71 crore, up 3.1% quarter-on-quarter from Rs 1,538.7 crore in Q1FY26. KPIT’s top line increased by 7.9% in Q2FY26 to Rs 1,587.71 crore from Rs 1,471.4 crore in Q2FY25.
For Q2FY26, the IT company’s revenue from its America operations slipped at Rs 442.4 crore as compared to Rs 456.9 crore it reported for Q1FY26. However, the revenue from the company’s UK and European market was up 13.6% on-quarter at Rs 828.3 crore.
The company’s amortisation and depreciation expenses increased by nearly Rs 10 crore at Rs 40.7 crore, compared to Rs 30.5 crore it reported in the same quarter last year.
After the earnings announcement, the share price of KPIT Technologies is trading 3% higher in the intraday session today. Over the last five trading sessions the company’s stock has delivered a return of nearly 2%.