KPIT Tech logs 49% Q4 YoY net profit growth at Rs 244.7 crore
Agencies
Synopsis
Revenue for the mid-tier software solutions provider grew at a lower 16% on-year, on degrowth in Europe and softness in commercial vehicle and passenger car segments.
By ETtech
Mid-tier software solutions provider KPIT Technologies has posted a 48.9% on-year growth in net profit to Rs 244.7 crore for the fourth quarter of fiscal 2025. Sequentially, the profit was up 30.9% from Rs 187 crore in the preceding quarter.
The automobile-focussed firm said that global original equipment manufacturers (OEMs) are hedging their bets and will look at vendor consolidation going forward. But with strong deal wins and potential acquisitions, the company expects to continue positive growth in the medium term.
“The China mobility ecosystem has challenged global OEMs on alteration of paradigms in speed, cost and innovation in vehicle development,” said Kishor Patil, co-founder, CEO and MD, KPIT.
“We have made investments in leadership training, mobility-specific AI solutions, automation, platforms, tools & accelerators and new markets,” he said. KPIT has diversified from its dependence on the US and Europe markets and grown revenue in Asia (India, Japan and China).
Sachin Tikekar, co-founder and Joint MD, KPIT, said that global OEMs are hedging their bets and will look at vendor consolidation going forward. “…the OEMs, (which) are very diversified in terms of their portfolio across the globe, they're already taking concrete steps to consolidate and think about the next programs and so forth,” he said during the earnings call.
Despite this, the company is hopeful of meaningful growth opportunities, it said.
For the full financial year 2025, KPIT recorded a profit increase of 40.3% to Rs 839.6 crore, on a revenue growth of 19.9% to Rs 5,842.4 crore.
The company’s stock grew 0.79% to close at Rs 1,230.30 apiece on the BSE Monday. The results were declared during market hours.
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Revenue for the January-March period stood at Rs 1,528.3 crore, up 16% on-year but grew only marginally at 3.4% from the preceding quarter, due to degrowth in the Europe market and softness in both the commercial vehicles and passenger cars segments. The automobile-focussed firm said that global original equipment manufacturers (OEMs) are hedging their bets and will look at vendor consolidation going forward. But with strong deal wins and potential acquisitions, the company expects to continue positive growth in the medium term.
“The China mobility ecosystem has challenged global OEMs on alteration of paradigms in speed, cost and innovation in vehicle development,” said Kishor Patil, co-founder, CEO and MD, KPIT.
“We have made investments in leadership training, mobility-specific AI solutions, automation, platforms, tools & accelerators and new markets,” he said. KPIT has diversified from its dependence on the US and Europe markets and grown revenue in Asia (India, Japan and China).
Sachin Tikekar, co-founder and Joint MD, KPIT, said that global OEMs are hedging their bets and will look at vendor consolidation going forward. “…the OEMs, (which) are very diversified in terms of their portfolio across the globe, they're already taking concrete steps to consolidate and think about the next programs and so forth,” he said during the earnings call.
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Despite this, the company is hopeful of meaningful growth opportunities, it said.
For the full financial year 2025, KPIT recorded a profit increase of 40.3% to Rs 839.6 crore, on a revenue growth of 19.9% to Rs 5,842.4 crore.
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The company’s stock grew 0.79% to close at Rs 1,230.30 apiece on the BSE Monday. The results were declared during market hours.
