More Stories

Informist, Monday, Nov. 10, 2025

 

Please click here to read all liners published on this story

--KPIT Tech: Sales affected in Q2 as some clients cut spends 
--CONTEXT: KPIT Tech management's comments in post-earnings analyst concall 
--KPIT Tech: Will be giving increments in next quarter 
--KPIT Tech: Plan to maintain FY26 EBITDA margin at 21?spite increments 
--KPIT Tech: See client discussions turning positive ahead 
--KPIT Tech: See growth ahead in CV vertical in the US 
--KPIT Tech: See some cannibalisation in projects continuing in short term 
--KPIT Tech: See flattish to positive organic revenue growth in Q3 
--KPIT Tech: See small revenue from local, global clients in China in Q4 
--KPIT Tech: Will continue to hire, including for onsite 
--KPIT Tech: See PV vertical sales growth ahead in Europe, followed by Asia

 

By Shakshi Jain and Rajesh Gajra

 

MUMBAI/NEW DELHI – KPIT Technologies Ltd. will continue to hire individuals, including for onsite roles, the company's management said in a post-earnings conference call with analysts Monday.

 

"We will hire the people who are most suitable for our AI-led (artificial intelligence-led) transformation and the solutioning transformation," the management said, adding that the company will only part ways in case employees are unable to meet the transition requirements at individual levels.

 

The company also intends to roll out increments in Oct-Mar and maintain its earnings before interest, tax, depreciation and amortisation margin for 2025-26 (Apr-Mar) at 21?spite that, the management said.

 

KPIT Technologies is focussing efforts towards transitioning from "services to solutions to products" through strategic acquisitions, talent development, and investing in areas like AI.

 

The company's total headcount stood at 12,879 as on Sept. 30, up from 12,545 a quarter ago but down from 13,087 a year ago.  

 

The company has forecast flattish-to-positive growth in organic revenue in constant currency terms for the ongoing quarter while expressing optimism about meaningful growth recovery in the March quarter. In the September quarter, the company's constant currency revenue grew 0.3% sequentially and 0.4% on year, within which, the recently acquired engineering solutions business of Caresoft Global accounted for 2.5% sequential growth.

 

Segment-wise, the management anticipates growth in the US market on the back of the commercial vehicles and off-highway vertical in a couple of quarters. For the passenger cars segment, growth would be led by Europe, followed by Asia and the US, according to the management.

 

"...in the immediate future, we'll see a little more traction from India and China. We believe that in next six months, we'll see some more revenues coming from this, apart from our general Japan-Korea," the management said.

 

In China, the company is focussing its efforts on multiple fronts, including gaining insights, investing in technologies, and engaging with local and global clients. The company is anticipating some revenue contribution from the region in the March quarter.  

 

The management, however, said it sees some cannibalisation in projects continuing in short term. "And that is because of the efficiency and what we bring to the table. But at the same time, I think it will also account for higher revenues," the management said.

 

Commenting on improvement in the overall demand scenario, the management said uncertainty has reduced by half since the March quarter of FY25. "I think they (clients) see a little bit more stability on account of tariffs and geopolitical issues to the extent where it is...And we can see that positive discussions happening," the management said.

 

In the September quarter, the management said revenue was impacted due to cuts and reprioritisation in spends by clients. This was since the clients moved from the old programs to the products "either because of discontinuing or delaying of certain programs, or... moving towards using something that they already have," it said. Cannibalisation of projects also played a role in the quarter, as per the management.

 

For the three-months ended Sept. 30, the technology company reported a consolidated revenue of INR 15.88 billion, up just over 3% sequentially and almost 8% on year. Its consolidated net profit in the quarter fell 1.6% on quarter and 17% on year to INR 1.69 billion.

 

Earlier in the day, shares of the company rose over 3% on the National Stock Exchange to an intraday high of INR 1,209.50 after the company announced its results. The stock ended the session at INR 1,192.90, up 3.5% from the previous close.  End

 

Edited by Deepshikha Bhardwaj

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2025. All rights reserved.