KPIT Technologies Lowers Q1 FY27 Revenue and Margin Outlook Amid Market Challenges
KPIT Technologies has revised its Q1 FY27 outlook, expecting a 1% year-on-year decline in USD revenues due to recent actions by some European OEMs following profit warnings and a challenging business outlook. The company anticipates a sharper sequential drop in operating and net profit margins, with limited cost optimization opportunities in the short term. While H1 FY27 performance is expected to be weak, KPIT remains confident in sustainable, profitable growth in the latter half of the fiscal year, supported by strong demand in key markets and ongoing investments in AI-driven products and solutions.