{"id":988769,"date":"2026-01-30T09:40:18","date_gmt":"2026-01-30T04:10:18","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=988769"},"modified":"2026-01-30T11:24:15","modified_gmt":"2026-01-30T05:54:15","slug":"kpit-net-down-21-1-oems-cut-engineering-rd-spending","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/01\/30\/kpit-net-down-21-1-oems-cut-engineering-rd-spending\/","title":{"rendered":"KPIT net down 21.1% OEMs cut engineering, R&amp;D spending"},"content":{"rendered":"<p>KPIT Technologies reported a 21.2% sequential decline in net profit to \u20b9133.30 crore for the December quarter. The company attributed this decline to a one-time expense related to the new labour code and wage hikes implemented during the quarter. The new wage code negatively impacted profitability by \u20b959.71 crore. <\/p>\n<p>However, KPIT\u2019s revenue grew by 1.9% quarter-on-quarter to \u20b91,617 crore, revenue in constant currency remaining flat at $181 million. The EBITDA margin for Q3 FY26 was 20.6% after absorbing partial wage increases during the quarter, compared to 21.1% in the previous quarter. Further wage hikes are expected in Q4 FY26.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KPIT Technologies reported a 21.2% sequential decline in net profit to \u20b9133.30 crore for the December quarter. The company attributed this decline to a one-time expense related to the new labour code and wage hikes implemented during the quarter. The new wage code negatively impacted profitability by \u20b959.71 crore. However, KPIT\u2019s revenue grew by 1.9% quarter-on-quarter to \u20b91,617 crore, revenue in constant currency remaining flat at $181 million. The EBITDA margin for Q3 FY26 was 20.6% after absorbing partial wage increases during the quarter, compared to 21.1% in the previous quarter. Further wage hikes are expected in Q4 FY26.<\/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-988769","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\/988769","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=988769"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/988769\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=988769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=988769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=988769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}