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KPIT Q4 CC revenue grows 50 per cent YOY backed by strategic long-term engagements with mobility leaders

Pune (Maharashtra) [India], April 26 (ANI/BusinessWire India): KPIT Technologies (NSE: KPITTECH BSE: 542651), a global partner to the automotive and mobility ecosystem for making software-defined vehicles a reality, announced financial results for Q4 FY23 today. Performance overview - Q4 FY23 Revenue Q4FY23 CC Revenue grows 50% YoY, 8.5% Q-o-Q USD Revenue Growth of 42.1% Y-o-Y, 12.1% Q-o-Q Growth led by Strategic Accounts, Middleware and Architecture, Autonomous and Diagnostics Q4FY23 was another good quarter in terms of new engagement closures - Q4 FY23 Net Profit and EBITDA Q4FY23 Net Profit at Rs. 1,116 million, 41.5% Y-o-Y growth EBITDA at 19.1%, 60% Y-o-Y growth EBITDA margin expansion of 60 bps for the quarter led by revenue growth and operational efficiencies - FY 23 revenues FY23 Reported Revenue USD 418 Million FY23 Revenue grows 36.7% in CC terms USD Revenue Growth of 27.4% - FY 23 Profit EBITDA at 18.9%, growth of 45% over FY22 Net Profit at Rs. 3,810 Million, 39% growth ove

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