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
Pune (Maharashtra) [India], October 19 (ANI/BusinessWire India): KPIT (NSE: KPITTECH; BSE: 542651), a leading partner for accelerating the transformation towards Software-Defined Vehicle to the automotive and mobility industry announced financial results for Q2 FY23 results today. Performance overview - Q2 FY23 Revenue - CC Revenue Growth of 27 per cent Y-o-Y, 8.3 per cent Q-o-Q - USD Revenue Growth of 17.2 per cent Y-o-Y and 4.8 per cent Q-o-Q - Q2 FY23 profit - EBITDA growth of 33 per cent Y-o-Y - Net Profit growth of 28 per cent Y-o-Y - FY23 outlook - FY23 CC Revenue growth outlook increased to 31 per cent - 32 per cent - EBITDA margin outlook increased to 18.5 per cent -19.0 per cent - Deals & Pipeline - Revenue Pipeline at all-time high - TCV of USD 142 million won during the quarter - Talent - Global employee count nearing 10000 - Attrition easing out and expected to even become better by end of FY23 - Focus on talent development and retention; Increments and promotions highe