KPIT Technologies has concluded the financial year 2024-25 on a strong note, achieving a 41.2 percent year-on-year rise in net profit while meeting its increased EBITDA margin outlook of 21 percent. The Pune-based company reported annual revenues of USD 691 million, registering a constant currency growth of 18.7 percent, and continued its streak of steady performance with its nineteenth consecutive quarter of revenue and EBITDA growth. During the final quarter of FY25, KPIT closed new engagements worth USD 280 million, reflecting growing confidence among global mobility players in its solutions.
The financial results were accompanied by the announcement of a total proposed dividend of INR 8.50 for FY25, including an interim payout of INR 2.50, signalling a balanced focus on rewarding shareholders while investing for future growth. Revenue growth was led by expanding engagements in software-defined vehicles (SDVs), the Asia region, and the passenger car segment, all of which are critical pillars for KPIT's medium-term strategy.
A major highlight for KPIT during the period was its collaboration with Mercedes-Benz Research and Development India (MBRDI) to accelerate the development of Software-Defined Vehicles. This partnership is expected to enhance innovation, improve operational efficiencies, and shorten time-to-market for new automotive features. The collaboration draws upon KPIT’s cross-domain mobility expertise and aligns with Mercedes-Benz’s broader push to prioritise software architecture as a key driver of its digital transformation journey.
Ravi Pandit, Co-founder and Chairman, emphasised KPIT’s continued focus on the mobility sector and highlighted the importance of agility and cost innovation as the global automotive landscape undergoes fundamental changes. Kishor Patil, Co-founder, CEO and MD, noted that KPIT’s consistent growth is built upon investments in leadership, AI-driven mobility solutions, and strategic market expansion. He added that the strong pipeline of strategic deals, combined with targeted acquisitions, positions KPIT positively for the future.
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