KPIT Tech Q1 profit jumps 54% on one-time gain, revenue up 24%

KPIT Technologies (KPIT), an automotive-focused software services provider, reported a 52.4% year-on-year (YoY) jump in net profit at Rs 204.2 crore for the first quarter ending June of the ongoing fiscal year 2025. The profit was due to a one-time income gain of Rs 39.6 crore as compared with Rs 13.4 crore a year ago.