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KPIT Technologies reports y-o-y growth of 26.1% in Q2 revenues

KPIT Technologies Ltd’ consolidated revenues for the second quarter witnessed a growth of 26.1% y-o-y and 8.6% q-o-q. EBITDA margins improved y-o-y but declined sequentially by about 80 bps. Most of this decline can be attributed to wage increments given in the quarter. Also, company increased their headcount by 8% in second quarter over the 11% already done in the first. For more continue to watch the video below:

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