{"id":869513,"date":"2024-10-24T08:12:31","date_gmt":"2024-10-24T02:42:31","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=869513"},"modified":"2024-10-24T08:22:47","modified_gmt":"2024-10-24T02:52:47","slug":"kpit-to-raise-rs-2880-crore","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/24\/kpit-to-raise-rs-2880-crore\/","title":{"rendered":"KPIT to raise Rs 2,880 crore"},"content":{"rendered":"<p>KPIT Technologies reported a net profit of Rs 203.74 crore, which was a 44.66% year-on-year rise and a sequentially flat quarterly profit for the September quarter. KPIT\u2019s revenues rose 8% sequentially to Rs 1,471.41 crore. The company maintained its margins at 20.5% during the quarter. <\/p>\n<p>KPIT on Wednesday announced plans to raise Rs 2,880 crore. The KPIT board approved the Rs 2,880 crore through QIP. Kishor Patil, co-founder, CEO and MD, KPIT said they had taken an enabling board resolution for fund-raising for some of the strategic opportunities on the horizon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KPIT Technologies reported a net profit of Rs 203.74 crore, which was a 44.66% year-on-year rise and a sequentially flat quarterly profit for the September quarter. KPIT\u2019s revenues rose 8% sequentially to Rs 1,471.41 crore. The company maintained its margins at 20.5% during the quarter. KPIT on Wednesday announced plans to raise Rs 2,880 crore. The KPIT board approved the Rs 2,880 crore through QIP. Kishor Patil, co-founder, CEO and MD, KPIT said they had taken an enabling board resolution for fund-raising for some of the strategic opportunities on the horizon.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-869513","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/869513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=869513"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/869513\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=869513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=869513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=869513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}