KPIT Technologies up 8% Following Strong Q3 Numbers

KPIT Technologies surged by 8% on BSE, reaching day’s high of ₹1,479 apiece, after the company reported strong Q3 (Sep-Dec) numbers.

The engineering services major announced a healthy growth of 20.4% YoY for the December quarter, while net profit surged to ₹187 crore. Profit after tax (PAT) went up by 38% for the nine months ending Q3FY25.

Revenue growth witnessed an increase of 17.4% in constant currency (CC), while reporting 18.1% rise in dollar terms. This comes on the back of strong performances in Powertrain and Connected solutions segments. Consolidated revenue from operations for Q3FY25 came at ₹1,477.95 crore.

Additionally, EBITDA for Q3FY25 grew by 21.1% YoY, compared to the corresponding quarter a year earlier. Total contract value (TCV) during December quarter clocked at $236 million.

As of 11:36 am, shares of KPIT Technologies are trading at ₹1,450.00, up 5.84%.KPIT Technologies up 8% Following Strong Q3 Numbers