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Investing.com - KPIT Tech reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
KPIT Tech announced earnings per share of ₹3.06 on revenue of ₹7.45. Analysts polled by Investing.com EPS of ₹3.08 on revenue of ₹7.36B.
KPIT Tech 's are down 24.32% and is trading at ₹711.70 , still down 11.15% from its 52 week high of ₹801.00 set on Monday, January 10, 2022.
KPIT Tech follows other major Information Technology sector earnings this month
KPIT Tech's report follows an earnings beat by Tata Consultancy on Monday, October 10, 2022, who reported EPS of ₹28.5 on revenue of ₹553.09B, EPS of ₹28.46 on revenue of ₹550.82B.
Infosys had beat expectations on Thursday, October 13, 2022 with second quarter EPS of ₹14.34 on revenue of ₹365.4B, for EPS of ₹14.2 on revenue of ₹365.67B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar