KPIT Tech shares surge 7% after PAT grows 47% in Q4

KPIT Technologies shares surged 7% to Rs 1,520 on BSE after reporting a 47.3% YoY profit growth in Q4FY24, reaching Rs 164.4 crore. Revenue rose to Rs 13,178 crore, a 29% increase from the previous year. EBITDA margin stood at 20.7%, up 160 bps YoY.

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