It had posted a net profit of Rs 31 crore in the corresponding period a year ago, according to a BSE filing by the company.
Order asks company to follow Maharashtra directives and refrain from pay cuts or layoffs, or face strict action
The two companies underwent a merger and demerger, resulting in the creation of separate and publicly listed entities KPIT Technologies and Birlasoft
Pune-based engineering firm is looking at posting a revenue growth of 18% in the ongoing fiscal
The stock hit an intra-day low of Rs 123, falling 18 per cent from its early morning high of Rs 150 on the BSE.
The stock hit a 52-week high of Rs 223, up 6% on BSE after KPIT and Birlasoft have announced a merger to create an over $700-million combined entity.
The stock dipped 6% to Rs 136 on the BSE in intra-day trade
There were also reports that the company is planning to raise funds by roping inlarge private equity players
Revenue up by 6% to Rs 803 cr
Firm said its revenues will be flattish for first two quarters of FY17 due to internal revamp and external changes in business environment
The stock dipped 14% to Rs 159 on the BSE in early morning trade.
Stock dips 8% to Rs 174 on BSE in early morning trade, recovers to end 5,4% down at Rs 179
Net profit for March 2016 quarter increased 20% to Rs 88.5 crore compared with Rs 73.5 crore in December 2015 quarter