KPIT Tech Q1 results: Net profit jumps 52% on higher revenue growth in FY25
Auto industry-focused KPIT Technologies on Monday reported a 52 per cent jump in its net profit to Rs 204.2 cr for the March 2024 quarter on higher revenue growth and profit margins.
The Pune-headquartered company had posted a post-tax net of Rs 134 cr in the year-ago period.
Its revenue from operations grew 24 per cent to Rs 1,364.6 cr from Rs 1,097.6 cr in the year-ago period, and its co-founder, chief executive and managing director Kishor Patil also sounded more certain about the guidance for the fiscal.