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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

SUN Mobility showcases scalable cleantech mobility solutions at the G20 Conference

Bengaluru (Karnataka) [India], February 27 (ANI/NewsVoir): SUN Mobility, the leading provider of universal energy infrastructure and services for electric vehicles (EVs), showcased a lineup of innovative urban mobility products and solutions at the G20 Deep Tech Conference held at the IISc Incubation Centre, Bengaluru on Saturday. As part of the exhibit, SUN Mobility displayed its Quick Interchange Station (QIS): a battery-swap station to swap depleted batteries, SWAP X: a newly launched, compatible battery dispensing unit, an electric two-wheeler, and a Piaggo e-auto that runs on SUN Mobility's Smart Batteries. The company also received a visit from the German Chancellor, Olaf Scholz, at its facility in Bengaluru on Sunday to showcase India's innovations and contributions to mobility and energy solutions for the world. The products and solutions showcased by SUN Mobility at the G20 event demonstrate advanced technology solutions available for the masses at affordable rates, &#

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