+
KPIT posts 44.7% YoY PAT growth for Q2 FY25
ECONOMY & POLICY

KPIT posts 44.7% YoY PAT growth for Q2 FY25

KPIT, a leading software integration partner for the automotive and mobility sectors, has reported strong financial results for Q2 FY25, showcasing significant growth across key metrics. The company recorded a 44.7% year-on-year (YoY) increase in profit after tax (PAT), marking its 17th consecutive quarter of growth. PAT for Q2 FY25 reached Rs 2037 million, aided by a one-time gain during the period. KPIT’s revenues stood at $173 million, reflecting constant currency (CC) growth of 20.1% YoY and a dollar revenue increase of 19.3% YoY. This growth was largely driven by advancements in the middleware and powertrain sectors, with notable contributions from the Asian market and the passenger car segment. KPIT reported an EBITDA margin of 20.8% for the quarter, marking a 27.7% YoY increase, and secured new engagements valued at $207 million during Q2 FY25.

The company reiterated its outlook for FY25, anticipating 18-22% CC revenue growth and an EBITDA margin exceeding 20.5%. With a global team of over 13,000 automotive software specialists, KPIT remains committed to enhancing productivity and skill development, particularly through the use of AI for operational efficiency. Additionally, KPIT introduced industry-leading benefits, promotions, and salary increases to support its workforce.

Kishor Patil, Co-founder, CEO, and Managing Director of KPIT, expressed satisfaction with the Q2 FY25 performance, noting that the company had achieved another quarter of balanced growth. He acknowledged that the mobility industry, particularly the automotive sector, faced pressures to adapt to evolving regulations, reduce vehicle costs, and meet shifting consumer preferences.

Patil highlighted KPIT’s continued commitment to investing in technology and markets ahead of demand to help its top 25 clients remain at the forefront of innovation and competitiveness. He reaffirmed the company’s full-year revenue growth and profitability outlook and mentioned that the board had passed a resolution for fund-raising, in light of strategic opportunities on the horizon. However, he clarified that the actual fund-raising would proceed only once these potential prospects reached advanced discussion stages.

KPIT, a leading software integration partner for the automotive and mobility sectors, has reported strong financial results for Q2 FY25, showcasing significant growth across key metrics. The company recorded a 44.7% year-on-year (YoY) increase in profit after tax (PAT), marking its 17th consecutive quarter of growth. PAT for Q2 FY25 reached Rs 2037 million, aided by a one-time gain during the period. KPIT’s revenues stood at $173 million, reflecting constant currency (CC) growth of 20.1% YoY and a dollar revenue increase of 19.3% YoY. This growth was largely driven by advancements in the middleware and powertrain sectors, with notable contributions from the Asian market and the passenger car segment. KPIT reported an EBITDA margin of 20.8% for the quarter, marking a 27.7% YoY increase, and secured new engagements valued at $207 million during Q2 FY25. The company reiterated its outlook for FY25, anticipating 18-22% CC revenue growth and an EBITDA margin exceeding 20.5%. With a global team of over 13,000 automotive software specialists, KPIT remains committed to enhancing productivity and skill development, particularly through the use of AI for operational efficiency. Additionally, KPIT introduced industry-leading benefits, promotions, and salary increases to support its workforce. Kishor Patil, Co-founder, CEO, and Managing Director of KPIT, expressed satisfaction with the Q2 FY25 performance, noting that the company had achieved another quarter of balanced growth. He acknowledged that the mobility industry, particularly the automotive sector, faced pressures to adapt to evolving regulations, reduce vehicle costs, and meet shifting consumer preferences. Patil highlighted KPIT’s continued commitment to investing in technology and markets ahead of demand to help its top 25 clients remain at the forefront of innovation and competitiveness. He reaffirmed the company’s full-year revenue growth and profitability outlook and mentioned that the board had passed a resolution for fund-raising, in light of strategic opportunities on the horizon. However, he clarified that the actual fund-raising would proceed only once these potential prospects reached advanced discussion stages.

Next Story
Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Next Story
Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

Next Story
Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?