KPIT Tech Q4 Results Date 2023, KPIT Tech stock fall from its high and become top losers on minday due to JPMorgan’s negative statement on company. They said Tata Technologies IPO wil capture market share of KPIT Tech in coming year.
JPMorgan’s views on a company are usually based on a range of factors such as the company’s financial performance, industry trends, and potential for growth. JPMorgan make detail research first and then publish.
KPIT Tech Q4 Results Date 2023
KPIT Technologies typically announces its quarterly results within a few weeks after the end of the quarter.
For Q4 2023, the quarter ends on March 31, 2023. Based on past practices, KPIT Technologies is likely to announce its Q4 2023 results in late April or early May 2023.
However, it is important to note that the exact date of the announcement may depend on various factors, including company policies, regulatory requirements, and unforeseen circumstances.
Therefore, it is recommended to check the company’s official website or financial news sources for the exact date of the announcement.
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Fundamnetal Analysis of KPIT Tech
KPIT Technologies had relatively good fundamentals. However, it is important to note that the assessment of a company’s fundamentals depends on various factors and can be subjective.
Some key financial metrics that are commonly used to assess a company’s fundamentals include revenue growth, profitability, debt levels, and return on equity.
Based on KPIT Technologies’ financial statements for the year ended March 31, 2022, the company reported a revenue of INR 2,450 Crores , a net profit of INR 274 Crores, and a debt-to-equity ratio of 0.07. The company’s return on equity (ROE) for the year was 14.4%.
These financial metrics indicate that KPIT Technologies had a decent revenue growth and profitability during the year, and the company had low levels of debt in its capital structure. The ROE of 14.4% indicates that the company is generating a decent return on the shareholders’ equity.
However, it is important to note that a company’s fundamentals can change over time, and investors should conduct their own research and analysis before making any investment decisions.