KPIT Technologies' Q2 net profit fell nearly 29% to ₹121 crore as Chinese competition weighed on global automakers, slowing client decisions, while revenue rose 6.5% to ₹1,691 crore. KPIT Technologies reported a nearly 29 per cent decline in consolidated net profit to Rs 121 crore in the second quarter ended September, mainly on account of pressure on the automobile market from Chinese vehicle makers slowing down deals.