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

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

Published: April 30, 2023

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...

Source: laosnews.net
Related Topics:
Kishor PatilSachin TikekarRavi PanditBusinesswire IndiaStrategic AccountsMobility IndustryStrategic ClientsPune Maharashtra India Pril 26 Ani Businesswire India Kpit Technologies Nse Kpittech Bse 542651 A Global Partner To The Automotive And Mobility Ecosystem For Making Software Defined Vehiclesa RealityNnounced Financial Results For Q4 Fy23 Today Performance Overview Revenue Q4fy23 Cc Grows 50 Yoy2 1 Qoq Growth Led By Strategic AccountsIddleware And ArchitectureUtonomous And Diagnostics Q4fy23 Was Another Good Quarter In Terms Of New Engagement Closures Q4 Fy23 Net Profit Ebitda At Rs 1116 Million1 5 Yoy Growth Ebitda At 19 0 Yoy Growth Ebitda Margin Expansion Of 60 Bps For The Quarter Led By Revenue And Operational Efficiencies Fy 23 Revenues Fy23 Reported Usd 418 Million Grows 36 7 In Cc Terms 27 4 Profit At 18 9 Rowth Of 45 Over Fy22 Net Profit At Rs 3810 Million9 Growth Over Fy22 Fy24 Outlook Cc Revenue In The Range Of 27 To 30 Ebitda Margin Be 19 20 Final Dividend Rs 2 65 Per Share Total Fy23 4 10 Talent Global Employee Count Crosses 11000 Strong Hiring Pipeline Globally Bring Best For Cutting Edge Client Engagements Tcv New Won During Q4 Usd 423 Million Includes 250 Strategic Engagement With Honda Commenting On Performance Ravi PanditCo Founder And ChairmanPit SaidUot The Mobility Industry Is One Of Larger Contributors To Global Carbon Footprint Huge Investments Are Being Made And Planned Towardsa Sustainable Future We Proud Be Intensely Involved In This Over Years Will Bea Major Technology Led Contributor Towards Transformation Committed Achieve Our Vision Creatinga CleanerAfer And Smarter World Fy23 Was Another Satisfying Year Of Sustainable Growth Margin ExpansionNd We Are Excited And Confident About Our Performance Going Forward Quot Kishor Patil