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KPIT Technologies Ltd Q3FY24; 51% 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+ Automobilers 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 Q3FY24 of ₹1,257.00 Crores up from ₹917.00 Crore year on year, a rise of 37.08%.

Total Expenses for Q3FY24 of ₹1,064.00 Crores up from ₹795.00 Crores year on year, a rise of 33.84%.

Consolidated Net Profit of ₹157.00 Crores up 50.96% from ₹104.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.67, up 54.50% from ₹3.67 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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