Categories AlphaGraphs, Earnings

KPIT Technologies Ltd Q2FY24; 68% rise in Profits

KPIT is a global technology company with software solutions that will help mobility leapfrog towards autonomous, clean, smart and connected future. With 10000+ Automobelievers across the globe, specializing in embedded software, AI & Digital solutions, KPIT enables customers accelerate implementation of next generation mobility technologies . With development centers in Europe, USA, Japan, China, Thailand and India

Financial Results:

  • KPIT Technologies Ltd reported Revenues for Q2FY24 of ₹1,199.00 Crores up from ₹745.00 Crore year on year, a rise of 60.94%.
  • Total Expenses for Q2FY24 of ₹1,021.00 Crores up from ₹647.00 Crores year on year, a rise of 57.81%.
  • Consolidated Net Profit of ₹141.00 Crores up 67.86% from ₹84.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹5.14, up 68.52% from ₹3.05 in the same quarter of the previous year.

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