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KPIT reports Q3 FY24 results with Net Profit Growth of 55% Y-o-Y and CC Revenue Growth of 31.5% Y-o-Y
  • Clocks Q3 FY24 Revenue of USD 149 MN; EBITDA grows at 52.2% Y-o-Y
  • Marks 14th 连续几个季度营收和 EBITDA 保持稳定增长

印度浦那 | 30th January 2024 | NSE: KPITTECH BSE: 542651: KPIT 科技, an independent software integration partner to the automotive and mobility ecosystem for making software-defined vehicles a reality, announced financial results for Q3 FY24 today.

性能概述

  • Q3 FY24 Revenues
    • CC Revenue growth of 31.5% Y-O-Y & $ Revenue Growth of 35% Y-o-Y
    • CC Revenue growth of 4.3% Q-o-Q & $ Revenue Growth of 2.7% Q-o-Q
    • Revenue growth led by Powertrain, Autonomous, and Connected domains. Growth led by Passenger Vehicles in Europe & Asia
  • Q3 FY24 EBITDA and Net Profit
    • EBITDA at 20.6%
    • EBITDA Growth at 52.2% Y-o-Y and 7.7% Q-o-Q
    • PAT Grows 54.6% Y-o-Y and 10.3% Q-o-Q
    • EBITDA margin expanded to 20.6% (20% in Q2 FY24), up ~200 bps Y-o-Y, after adding ~600 freshers and quarterly promotions. Margin expansion led by improved productivity and operating leverage coupled with better-realized rates
  • TCV of new engagements won during Q3 FY24: $189 million
  • 天赋
    • Global employee count crosses 12700
    • Increased investments in competency development for delivery of complex engagements

 

Commenting on the performance of Q3 FY24

 

KPIT联合创始人、首席执行官兼董事总经理Kishor Patil表示:,

“We continue to focus on execution relentlessly and have been consistently reaping the benefits of our focus on the mobility industry, key technologies, key clients and key talent. The Q3FY24 revenues have been in line with our expectations, while we have delivered slightly ahead of expectations on the profitability front. Basis our performance so far, robust pipeline and the consistency of demand driven by new technology investments by our strategic clients, we are confident of meeting our upward revised outlook for the year”.

 

KPIT总裁兼联合董事总经理Sachin Tikekar表示:,

“We are witnessing broad-based traction across technologies, clients, sub-verticals and geographies. We are increasing our strategic engagements in the quest to move towards being Trusted Partners for our strategic clients. As we have seen over the last 4 quarters, the attrition continues to fall and is now at historically low levels. We have significantly moved the needle in our quest for inclusive sustainability across KPIT. We have increased our investments in new technologies and competency development to enable us deliver complex engagements, successfully”.

关于KPIT:

KPIT Technologies is a global partner to the automotive and mobility ecosystem for making software-defined vehicles a reality. It is a leading independent software development and integration partner helping mobility leapfrog towards a clean, smart, and safe future. With 12000+ automobelievers across the globe specializing in embedded software, AI, and digital solutions, KPIT accelerates its clients’ implementation of next-generation technologies for the future mobility roadmap. With engineering centers in Europe, the USA, Japan, China, Thailand, and India, KPIT works with leaders in automotive and mobility and is present where the ecosystem is transforming.

更多详情请访问 developmentuat.kpit.com

 

媒体联系人

莫希特·科查尔

全球市场营销主管 | mohit.kochar@developmentuat.kpit.com

苏尼尔·拉维什

高级总监,市场营销 | 媒体关系 | sunil.r@developmentuat.kpit.com

苏贝查·米特拉

Adfactors公关团队 | subhechha.mitra@adfactorspr.com

 

投资者关系

苏尼尔·潘萨尔卡 投资者关系主管 | sunil.phansalkar@developmentuat.kpit.com

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