KPIT Technologies, a leading global technology company, has reported a 44.7% year-on-year surge in its Q2FY25 profit, driven by robust demand for its software solutions. The company’s net profit rose to ₹148.2 crore in the quarter ended September 30, up from ₹102.4 crore in the corresponding period last year.
Revenue from operations grew 23.4% to ₹732.4 crore, driven by strong performance in the automotive and mobility, and industrial and consumer products segments. “Our focus on digital transformation, software development, and innovation has yielded strong results,” said Kishor Patil, CEO and MD, KPIT Technologies. “We’re well-positioned to capitalize on emerging opportunities in the technology space.”
KPIT’s order book grew 25% year-on-year to ₹4,346 crore, with significant wins in the electric vehicle (EV), autonomous driving, and industrial automation segments. The company’s operating margin expanded 200 basis points to 16.4%, driven by improved operational efficiency and cost optimization.
“KPIT’s strong Q2 performance demonstrates its ability to deliver high-quality software solutions,” said Rohan Kharat, research analyst at ICICI Securities. “The company’s focus on emerging technologies will drive growth in the coming quarters.”
KPIT Technologies’ strong performance was also driven by its strategic partnerships with leading technology companies, enabling the development of cutting-edge solutions for clients. The company’s expertise in areas like EV, autonomous driving, and industrial automation has positioned it as a leader in the technology space.
Looking ahead, KPIT Technologies remains optimistic about its growth prospects, driven by increasing demand for software solutions in the automotive, industrial, and consumer products segments. “KPIT is well-positioned to benefit from the growing demand for digital transformation and software development,” said Patil. “We’re committed to delivering innovative solutions and driving growth for our clients.”
With its strong Q2 performance, the company has reaffirmed its position as a leading technology company, poised for continued growth and innovation in the software and digital transformation space.
KPIT Technologies is a global partner to the automotive and mobility ecosystem, dedicated to making software-defined vehicles a reality.
As a leading independent software development and integration partner, KPIT plays a key role in advancing the mobility sector toward a cleaner, smarter, and safer future. With a team of around 13,000 “automobelievers” worldwide, specializing in embedded software, AI, and digital solutions, the company accelerates its clients’ adoption of next-generation technologies for future mobility. KPIT operates engineering centers in Europe, the USA, Japan, China, Thailand, and India, collaborating with top automotive and mobility leaders to drive transformation where the industry is evolving.
