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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
KPIT increases FY23 Outlook for CC Revenue Growth to 31-32 per cent - Vimarsana News

KPIT increases FY23 Outlook for CC Revenue Growth to 31-32 per cent

Published: October 19, 2022

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 increase...

Source: laosnews.net
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Sachin TikekarKishor PatilSoftware Defined Vehicles SdvsDigital Connected SolutionsBusinesswire IndiaSoftware Defined VehicleElectric PowertrainCommercial VehiclesSoftware Defined VehiclesPune Maharashtra India Ctober 19 Ani Businesswire India Kpit Nse Kpittech Bse 542651 A Leading Partner For Accelerating The Transformation Towards Software Defined Vehicle To Automotive And Mobility Industry Announced Financial Results Q2 Fy23 Today Performance Overview Revenue Cc Growth Of 27 Per Cent Yo YT All Time High Ebitda Impact Of 90 Bps Post Wage Hikes In The Quarter Gross 300bps Fresher Additions And Cross Currency Headwinds Continues Operating EfficiencyEt Realization Improvement And Revenue Growth Helped Reduce Impact On Reported Margins Lower Other Income To The Tune Of Rs 58 Million 94 9 In Q2fy23 Vs 152 Q1fy23 Account Translation Related Foreign Exchange Losses Resulting Mainly From Rupee Depreciation Appreciation Against Usd Euro Tcv New Engagements Won During Q2 Fy23 142 Commenting Performance Fy 23 Kishor PatilCo FounderEo And MdPit SaidUot Software Is At The Heart Of Transformation That Mobility Industry Witnessing Kpit 39s Position Asa Leader In This Leading To Consistency Performance And Long Term Visibility Growth Q2fy23 Has Been Better Than Expectations We Havea Healthy Pipeline Witha Couple Mega Engagements Expected Get Closed Coming 3 4 Months Have Thus Raised Our Fy23 Outlook 31 Per Cent 32 Organic 200 Bps Higher End 18 21 Beginning Year Quot Sachin TikekarResident And Joint MdUot Vehicle Makers Are Investing Heavily To Develop Software Defined Vehicles Sdvs Of Tomorrow This Calls For Deep Domain Expertise And CompetenceHich Kpit Brings To The Table We Are Seeing Result Of This And Thus Witnessing Increased Traction With Our Strategic Clients Supply Side Constraints Gradually Moving In Right Direction Attrition Numbers Consistently On Decline Very Excited Addition Technica Family Closing Effected October 2022 Quot Read Full Investor Update Https Www Com Q2fy23 2 Story Is Provided By Businesswire India Ani Will Not Be Responsible Any Way For Content Article