KPIT Technologies has announced robust results for Q2 FY25, marking its 17th consecutive quarter of growth. The company reported revenue of $173 million, representing a 20.1% year-on-year increase in constant currency (CC) and a 19.3% rise in dollar terms. The EBITDA for the quarter stood at 20.8%, reflecting a 27.7% year-on-year growth, while profit after tax (PAT) surged by 44.7% to INR 2,037 million. This includes a one-time gain in the quarter.
The growth was driven primarily by the middleware and powertrain domains with significant contributions from the Asian market and the passenger car vertical. KPIT secured $207 million in new engagements during the quarter. The company continues to focus on technology investments, competency development, and leadership initiatives to stay competitive in the evolving mobility sector.
Kishor Patil, CEO of KPIT, highlighted the company’s commitment to maintaining its revenue growth forecast of 18-22% for FY25 and emphasised the focus on strategic opportunities, including potential fundraising for future prospects.
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