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KPIT Technologies Q4FY23 Earnings Story

KPIT is a renowned software integrator with expertise in software prototyping, real programme development, validation, and testing. The services are divided into three categories: cloud-based linked services, architecture consulting, and middleware.

Financial Results:

  • KPIT Technologies Ltd. reported Total Income for Q4FY23 of ₹ 1,024 Crores up from ₹ 665 Crore year on year, a rise of 54%.

  • Total Expenses for Q4FY23 of ₹ 888 Crores up from ₹ 568 Crores year on year, a rise of 56%.

  • Consolidated Net Profit of ₹ 112 Crores, up 38% from ₹ 81 Crores in the same quarter of the previous year.

  • The Earnings per Share is ₹ 4.09, up 42% from ₹ 2.89 in the same quarter of the previous year.
Tags: Technology
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