Auto industry-focused KPIT Technologies on Monday reported a 17 per cent decline in its net profit to ₹169.08 crore for the September quarter.

The Pune-headquartered company had posted a profit of ₹203.7 crore in the year-ago period, according to a regulatory filing.

The company’s revenue from operations increased by 7.9 per cent to ₹1,587.71 crore in Q2 FY26, as compared to ₹1,471.41 crore in Q2 FY25.

Seen quarter-over-quarter, profit saw a dip of 1.6 per cent while revenue rose by 3.18 per cent.

"Our strategic investments, such as the Caresoft Engineering Solutions Business acquisition closure in Q2 and the stake increase in NDream coupled with the investment in helm.ai in Q3, are strengthening our foundation and expanding our capabilities,” Kishor Patil, Co-founder, CEO and MD, KPI

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