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KPIT Technologies Ltd — Interim / Quarterly Report 2026
Nov 10, 2025
59234_rns_2025-11-10_5a8c2ccb-366b-4deb-96fc-4ee8322f6baf.pdf
Interim / Quarterly Report
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KP 11·
November 10, 2025
BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001.
Scrip ID: KPITTECH Scrip Code: 542651
Kind Attn: The Manager, Department of Corporate Services National Stock Exchange of India Ltd., Exchange Plaza, C/1, G Block, Bandra - Kurla Complex, Bandra (E), Mumbai - 400051.
Symbol: KPITTECH Series: EQ
Kind Attn: The Manager, Listing Department
Dear Sir / Madam,
Subject: - Outcome of the Board Meeting held on Monday, November 10, 2025.
Ref:- Disclosure of events & information pursuant to Regulation 30 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Time of Commencement of the Board Meeting: 09.15 am 1ST. Time of Conclusion of the Board Meeting: 12:30 pm 1ST.
We wish to inform you that the Board of Directors of the Company, at its meeting held today, inter alia, has approved Un-audited Consolidated Financial Results and Standalone Financial Results for the quarter and half year ended September 30, 2025.
An unqualified opinion has been issued by the Statutory Auditor on said Financial Results.
Un-audited Consolidated Financial Results and Standalone Financial Results for the quarter and half year ended September 30, 2025, along with Limited Review Reports thereon and Investor Update are being sent separately.
Kindly take the same on your records.
Yours faithfully,
For KPIT Technologies Limited
General Counsel & Company Secretary

I KPI: Technologies Ltd. Registered & Corporate Office· Plot No .. Phase-Ill, Maan, Taluka-Mulshi H" . • � '.' Ra11v Gandhi lnfotech Park, MIDC-SEZ, CIN: L74999PN2018PLC174192 ' lnJawa r, Pune-411057, India.
0 +91 20 6770 6000 E [email protected] W kpit.com
Registered & Corporate Office: Plot-17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase-Ill, Maan, Hinjawadi, Taluka - Mulshi, Pune - 411057 Phone : +91 20 6770 6000 I [email protected] I www.kpit.com I CIN : L74999PN2018PLC174192
PART I: STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30 SEPTEMBER 2025
| r in million (except per share data) | ||||||
|---|---|---|---|---|---|---|
| Particulars | Quarter ended | Half Year ended | Year ended | |||
| 30 September | 30 June 2025 | 30 September | 30 September | 30 September | 31 March 2025 | |
| 2025 | (Unaudited) | 2024 | 2025 | 2024 | (Audited) | |
| (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | |||
| Revenue from operations | 15,877.11 | 15,387.61 | 14,714.13 | 31,264.72 | 28,360.43 | 58,423.45 |
| Other income (Refer note 4, 5, 6 and 7) | 235.79 | 159.60 | 518.99 | 395.39 | 1,016.86 | 1,673.22 |
| Total income | 16,112.90 | 15,547.21 | 15,233.12 | 31 ,660.11 | 29,377.29 | 60,096.67 |
| Expenses | ||||||
| Cost of materials consumed | 239.33 | 179.97 | 193.64 | 419.30 | 204.01 | 487.64 |
| Changes in inventories of finished goods and work-in-progress | (56.49) | 29.90 | (50.27) | (26.59) | 18.29 | 70.00 |
| Employee benefits expense | 9,778.95 | 9,754.42 | 9,447.79 | 19,533.37 | 18,191.44 | 36,992.71 |
| Finance costs | 162.51 | 120.28 | 101.63 | 282.79 | 228.94 | 423.92 |
| Depreciation and amortisation expense | 747.06 | 628.81 | 560.83 | 1,375.87 | 1,085.97 | 2,249.60 |
| Other expenses (Refer note 4) | 2,708.73 | 2,424.56 | 2,105.43 | 5,133.29 | 4,000.98 | 8,575.35 |
| Total expenses | 13,580.09 | 13,137.94 | 12,359.05 | 26,718.03 | 23,729.63 | 48,799.22 |
| Profit before share of profit/(loss) of joint venture and associate and tax |
2,532.81 | 2,409.27 | 2,874.07 | 4,942.08 | 5,647.66 | 11,297.45 |
| Share of profit/(loss) of joint venture and associate (net of tax) | (227.16) | (51.17) | (42.94) | {278.33) | (49.56) | 28.02 |
| Profit before tax | 2,305.65 | 2,358.10 | 2,831.13 | 4,663.75 | 5,598.10 | 11,325.47 |
| Tax expense (Refer note 6) | ||||||
| Current tax | 756.72 | 925.61 | 818.25 | 1,682.33 | 1,816.54 | 3,093.13 |
| Deferred tax (benefit)/charge | (1 41.94) | (286.50) | (24.57) | (428.44) | (297.49) | (163.66) |
| Total tax expense | 614.78 | 639.11 | 793.68 | 1,253.89 | 1,519.05 | 2,929.47 |
| Profit for the period/year | 1,690.87 | 1,718.99 | 2,037.45 | 3,409.86 | 4,079.05 | 8,396.00 |
| Other comprehensive income | ||||||
| (i) Items that will not be reclassified to profit or loss A. (ii) Income tax on items that will not be reclassified to profit or loss |
14.35 (4.91) |
12.02 (4.68) |
(28.93) 10.09 |
26.37 (9.59) |
(38.06) 13.35 |
(27.28) 9.76 |
| (i) It ems that will be reclassi fied to profit or loss B. |
687.36 | 595.48 | 141.04 | 1,282.84 | 79.75 | 337.94 |
| (ii) Income tax on items that will be reclassified to profit or | 42.86 | 213.49 | 186.59 | 256.35 | 158.41 | 26.35 |
| loss | ||||||
| Total other comprehensive income/(loss), net of tax | 739.66 | 816.31 | 308.79 | 1,555.97 | 213.45 | 346.77 |
| Total comprehensive income for the period / year | 2,430.53 | 2,535.30 | 2,346.24 | 4,965.83 | 4,292.50 | 8,742.77 |
| Profit attributable to | ||||||
| Owners of the Company | 1,690.87 | 1,718.99 | 2,037.45 | 3,409.86 | 4,079.05 - |
8,396.00 - |
| Non- controlling interests Profit for the period/year |
- 1,690.87 |
1,718.99 | - 2,037.45 |
- 3,409.86 |
4,079.05 | 8,396.00 |
| Other comprehensive income/ (loss) attributable to | ||||||
| Owners of the Company Non-controlling interests |
739.66 - |
816.31 - |
308.79 - |
1,555.97 - |
213.45 - |
346.77 - |
| Other comprehensive income/(loss) for the period/year | 739.66 | 816.31 | 308.79 | 1,555.97 | 213.45 | 346.77 |
| Total comprehensive income attributable to | ||||||
| Owners of the Company | 2,430.53 | 2,535.30 | 2,346.24 | 4,965.83 | 4,292.50 | 8,742.77 |
| Non-controlling interests | - | - | - | - | - | - |
| Total comorehensive income for the oeriod/year | 2,430.53 | 2,535.30 | 2,346.24 | 4,965.83 | 4,292.50 | 8 742.77 |
| Paid-up equity share capital (face value oft 10 per share) | 2,720.61 | 2,719.25 | 2,714.92 | 2,720.61 | 2,714.92 | 2,717.02 |
| Ot her equity | 26,404.56 | |||||
| Earnings per equity share (face value oft 10 per share)* | ||||||
| Basic | 6.22 | 6.32 | 7.51 | 12.54 | 15.03 | 30.93 |
| Diluted | 6.18 | 6.28 | 7.45 | 12.45 | 14.92 | 30.70 |
| *EPS are not annualised for the interim periods. | ||||||
Registered & Corporate Office: Plot- 17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase-Ill, Maan, Hinj awadi, Taluka - Mulshi, Pune - 411057 Phone : +91 20 6770 6000Igrievances@kp it.comIwww.kpit.com I CIN: L74999PN2018PLC174192
PART II: SEGMENT WISE REVENUE, RESULTS, ASSETS AND LIABILITIES
| tin million | |||||||
|---|---|---|---|---|---|---|---|
| Sr | Particulars | Quarter ended | Half Year ended | Year ended | |||
| No | 30 September | 30 June 2025 | 30 September | 30 September | 30 September | 31 March 2025 | |
| 2025 | (Unaudited) | 2024 | 2025 | 2024 | (Audited) | ||
| (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | ||||
| 1 | Segment revenue | ||||||
| Americas UK & Europe |
4,424.88 | 4,569.92 | 4,100.85 | 8,994.80 | 8,046.15 | 16,302.68 | |
| Rest of the World | 8,283.29 8,023.13 |
7,268.01 7,986.83 |
7,590.89 7,226.19 |
15,551.30 16,009.96 |
14,879.22 13,837.68 |
29,134.78 30,039.75 |
|
| Total | 20,731 .30 | 19,824.76 | 18,917.93 | 40,556 .06 | 36,763.05 | 75,477.21 | |
| Less : Inter segment revenue | 4,854.19 | 4,437.15 | 4,203.80 | 9,291.34 | 8,402.62 | 17,053.76 | |
| Revenue from operations | 15,877.11 | 15,387.61 | 14,714.13 | 31,264.72 | 28,360.43 | 58,423.45 | |
| 2 | Segment results | ||||||
| Americas | 1,186.66 | 1,013.73 | 940.67 | 2,200.39 | 1,941 .62 | 3,759.17 | |
| UK & Europe | 1,665.23 | 1,186.09 | 1,699.79 | 2,851.32 | 3,402.71 | 6,328.98 | |
| Rest of the World | 1,192.43 | 1,616.57 | 1,471.55 | 2,809.00 | 2,533.90 | 5,380.67 | |
| Total | 4,044.32 | 3,816.39 | 4,112.01 | 7,860.71 | 7,878.23 | 15,468.82 | |
| Less: | |||||||
| Finance costs | 162.51 | 120.28 | 101.63 | 282.79 2,635.84 |
228.94 2,001.63 |
423.92 3,747.45 |
|
| Other unallocable expenditure (net of unallocable income) |
1,349.00 | 1,286.84 | 1,136.31 | ||||
| Profit before share of profit/(loss) of joint | 2,532.81 | 2,409.27 | 2,874.07 | 4,942.08 | 5,647.66 | 11,297.45 | |
| venture and associate and tax | |||||||
| Share of profit/ (loss) of joint venture and | (227.16) | (51.17) | (42.94) | (278.33) | (49.56) | 28.02 | |
| associate (net of tax) | |||||||
| Profit before tax | 2,305.65 | 2,358.1 0 | 2,831 .1 3 | 4,663.75 | 5,598.1 0 | 11,325.47 | |
| 3 | Segment assets | ||||||
| Americas | 3,266.39 | 2,584.26 | 2,761 .50 | 3,266.39 | 2,761 .50 | 2,780.33 4,516.86 |
|
| UK & Europe Rest of the World |
7,033.63 1,671.97 |
5,164.68 1,811 .02 |
5,709.15 1,438.36 |
7,033.63 1,671.97 |
5,709.15 1,438.36 |
1,885.48 | |
| Total | 11,971.99 | 9,559.96 | 9,909.01 | 11,971.99 | 9,909.01 | 9,182.67 | |
| Unallocated assets | 55,165.88 | 43,677.96 | 35,946.62 | 55,165.88 | 35,946.62 | 41,146.95 | |
| Total assets | 67,137.87 | 53,237.92 | 45,855.63 | 67,137.87 | 45,855.63 | 50,329.62 | |
| 4 | |||||||
| Segment liabilities Americas |
370.86 | 289.15 | 219.89 | 370.86 | 219.89 | 251.07 | |
| UK & Europe | 4,400.73 | 4,222.37 | 3,912.41 | 4,400.73 | 3,912.41 | 4,546.01 | |
| Rest of the World | 1,620.64 | 1,785.19 | 917.77 | 1,620.64 | 917.77 | 1,583.73 | |
| Total | 6,392.23 | 6,296.71 | 5,050.07 | 6,392.23 | 5,050.07 | 6,380.81 | |
| Unallocated liabilities | 28,112.97 | 15,184.11 | 15,801.86 | 28,112.97 | 15,801.86 | 14,827.23 | |
| Total liabilities | 34,505.20 | 21,480.82 | 20,851.93 | 34,505.20 | 20,851.93 | 21,208.04 |
a Segment assets other than trade rece ivables (including unbilled) and contract assets and segment liabilities other than contract liabilities (unearned revenue) and advance from customers used in the Group's business are not identified to any reportable segments, as these are used interchangeably between segments.
b The cost incurred during the period/year to acquire property, plant and equipment and intangible assets, depreciation/ amortisation and non-cash expenses are not attributable to any reportable segment.
| KPIT TECHNOLOGIES LIMITED Registered & Corporate Office: Plot-17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase-Ill, Maan, Hinjawadi, Taluka - Mulshi, Pune - 411057 |
|||
|---|---|---|---|
| Phone : +91 20 6770 [email protected] I www.kpit.com I CIN: L74999PN2018PLC174192 PART Ill: CONSOLIDATED BALANCE SHEET |
|||
| Particulars | As at 30 September 2025 (Unaudited) |
~ in million As at 31 March 2025 (Audited) |
|
| A | ASSETS | ||
| 1 | Non-current assets | ||
| a. | Property, plant and equipment | 2,580.43 | 2,343.99 |
| b. | Right-of-use assets | 3,873.79 | 3,593.97 |
| c . d . |
Capital work - in-progress Goodwill |
3.39 24,286.96 |
93.51 11,729.08 |
| e. | Other intangible assets | 5,176.13 | 2,050.33 |
| f . | Intangible assets under development | - | 1.54 |
| g. h. |
Investments accounted for using the equity method Financial assets |
1,705.34 | 1,937.09 |
| Investments | 888.45 | 0.47 | |
| Other financial assets | 438.72 | 364.85 | |
| i. | Deferred tax assets (net) | 1,356.11 559.43 |
782.74 321.39 |
| j . k. |
Income tax assets (net) Other non-current assets |
94.23 | 9.73 |
| Total non-current assets | 40,962.98 | 23,228.69 | |
| 2 | Current assets | ||
| a. b. |
Inventories Financial assets |
868.05 | 846.86 |
| Investments Trade receivables |
1,911.51 | 2,382.43 | |
| Billed | 8,859.50 | 7,547.59 | |
| Unbilled | 2,548.62 | 1,347.44 | |
| Cash and cash equivalents | 9,272.56 | 12,231.78 | |
| Bank balances other than cash and cash equivalents above | 167.87 | 449.00 | |
| Loans Other financ ial assets |
9.87 768.27 |
3.48 1,177.42 |
|
| c. | Other current assets | 1,768.64 | 1,114.93 |
| Total current assets | 26,174.89 | 27,100.93 | |
| TOTAL ASSETS | 67,137.87 | 50,329.62 | |
| B | EQUITY AND LIABILITIES Equity |
||
| a. | Equity share capital | 2,720.61 | 2,717.02 |
| b. | Other equity | 29,912.06 | 26,404.56 |
| Equity attributable to owners of the Company | 32,632.67 | 29,121.58 | |
| Non-controlling interests Total equity |
- 32,632.67 |
- 29,121.58 |
|
| 1 a. |
Liabilities Non-current liabilities Financial liabilities |
||
| Lease liabilities | 2,872.52 | 2,664.69 | |
| b. | Other financial liabilities Provisions |
1,198.61 | - 633.37 |
| c. | Deferred tax liabilities (net) | 699.52 1,616.53 |
692.01 |
| Total non-current liabilities | 6,387.18 | 3,990.07 | |
| 2 a. |
Current liabilities Financial liabilities |
||
| Borrowings Lease liabilities |
1,470.43 | 15.34 768.64 |
|
| Trade payables | 948.57 | ||
| (i) Total outstanding dues of micro enterprises and small enterprises (ii) Total outstanding dues of creditors other than micro enterprises and small |
54.86 2,819.34 |
19.28 1,763.04 |
|
| enterprises Other financial liabilities |
10,319.51 | 3,035.74 | |
| b. | Other current liabilities | 8,295.27 | 8,510.37 |
| c. | Provisions | 1,246.62 | 871.31 |
| d. | Income tax liabilities (net) | 2,963.42 | 2,234.25 |
| Total current liabilities | 28,118.02 | 17,217.97 | |
| TOTAL EQUITY AND LIABILITIES | 67,137.87 | 50,329.62 |
Notes:
- 1 The above unaudited consolidated financial results have been reviewed by the Audit Committee and thereafter approved and taken on record by the Board of Directors in their meetings held on 10 November 2025. These unaudited consolidated financial results have been prepared in accordance with the Indian Accounting Standards ("Ind-AS") as per the Companies (Indian Accounting Standards) Rules, 2015, as amended from time to time, notified under section 133 of the Companies Act, 2013 ("Act") and ot her relevant provisions of the Act.
- 2 The Statutory auditors of the Company have conducted a limited review on the above unaudited consolidated financial results of the Company for the quarter and half year ended 30 September 2025. An unqualified review conclusion has been issued by them thereon.
- 3 The above unaudited consolidated financial results include 25 wholly-owned subsidiaries, one joint venture, and one associate as on 30 September 2025.
| 4 | Details of forei n exchan e ain/loss included in above results: | |||||||
|---|---|---|---|---|---|---|---|---|
| Particulars | uarter ended | Half Year ended | Year ended | |||||
| 30 September | 30 June 2025 | 30 September | 30 September | 30 September | 31 March 2025 | |||
| 2025 | (Unaudited} | 2024 | 2025 | 2024 | (Audited} | |||
| Unaudited | Unaudited | Unaudited | Unaudited | |||||
| Foreign exchange gain (net} included in other income | 35.42 | 82.98 | ||||||
| Forei n exchan e loss net included in other expenses | 144.36 | 240.30 | 46.57 | 384.66 |
- 5 For the quarter ended 30 September 2025, "Other income" in the Consolidated Statement of Profit and Loss account includes a gain of ~ 151.81 million on fair valuation of !inancial instrument carried at fair value through profit or loss.
- 6 During the quarter ended 30 June 2024, ZF Friedrichshafen AG ("ZF"} had invested EURO 1.35 million in Qorix GmbH, a wholly owned subsidiary of KPIT Technologies Limited (KPIT}, based on definitive terms of the Joint Venture Agreement entered into by KPIT and ZF to make an independent company focused on the creation of worldclass automotive middleware stack. Consequently, Qorix GmbH had become a Joint Venture Company of KPIT and ZF having 50:50 ownership. ZF has further invested EURO 13.65 million till date and assigned its relevant IP into Qorix GmbH.
Qorix GmbH being a Joint Venture Company, KPIT does not have majority control in Qorix and thereby, as per the provisions of the applicable Ind-AS, had:
- a. derecognised t he assets and liabilities of Qorix GmbH and recognised the resulting one-time gain of t 199.07 million under "Other income" in the Consolidated Statement of Profit and Loss account for the quarter ended 30 June 2024;
- b. recognised a one-time gain of~ 197.22 million on transfer of IPs to Qorix GmbH under "Other income" in the Consolidated Statement of Profit and Loss account for the quarter ended 30 June 2024, along with the related tax expense oft 68.92 million under "Tax expense".
During the quarter ended 31 March 2025, Qualcomm Ventures LLC rQualcomm") joined as a strategic minority shareholder in Qorix GmbH with KPIT and ZF as significant shareholders. This partnership further strengthened the position of Qorix GmbH as a leading provider of middleware solutions for Software-Defined Vehicles (SDVs). Pursuant to this, Qualcomm had invested an amount of EURO 10.00 million, through an equity infusion, for a stake of 11.11% in Qorix GmbH. Accordingly, KPIT had recognised a one-time "Gain on dilut ion" of ~ 271.49 million under "Ot her income" in the Consolidated Statement of Profit and Loss account.
- 7 During the quarter ended 30 September 2024, the Company had recognised a one-time taxable gain of ~ 450.00 million on settlement of an insurance claim under "Other income" in the Consolidated Statement of Profit and Loss account.
- 8 During the quarter ended 30 September 2025, the Group, through its wholly owned subsidiaries KPIT Technologies Inc. and KPIT Technologies (UK} Limited, completed 100% acquisition of the Caresoft Group entities, comprising Caresoft Global Technologies, Inc., Caresoft Engineering Services Limited, and CAREGLOTECH de RL de CV. These entities have been considered in the consolidated financial results for the quarter ended 30 September 2025.
Subsequent to the quarter end, on 10 October 2025, the Group, under the same contractual arrangement, also completed 100% acquisit ion of OXI SRL Italy.
Caresoft Global is a leader in automotive benchmarking and cost reduction oriented engineering solutions, and will:
- a. Augment KPIT's growth in Trucks and Off-highway segment
- b. Boost value creation for KPIT clients with full vehicle cost reduction solutions c. Enhance KPIT's manufacturing engineering solutions portfolio
- d. Accelerate KPIT's foray into China Market
The total purchase consideration for t he combined acquisitions comprises:
- fixed consideration of USO 142.00 million to be paid over the next 2 years; and
- ii. variable consideration upto USO 15.00 million based on the achievement of revenue and profit milestones to be payable over the next 3.75 years.
Out of the above total consideration, an upfront fixed consideration of USO 51.00 million was paid towards the acquisitions completed on 15 August 2025, and USD 6.00 million was paid for the acquisition completed on 10 October 2025.
Consequently, for the acquisitions completed during the quarter ended 30 September 2025, the Group has recognized Goodwill amounting to rn,263.91 million and Customer Relationship intangible assets amounting to t2,749.70 million. As per t he provisions of IND-AS 103 Business Combinations, the purchase price allocation (PPA) for the aforesaid acquisition has been determined on a provisional basis as on the date of balance sheet.
- 9 On 2 September 2025, the Group, through its wholly-owned subsidiary KPIT Technologies Inc., made an investment of USO 10.00 million in Helm.ai through a Simple Agreement for Future Equity (SAFE) instrument. This investment does not result in Helm.ai becoming a subsidiary or an associate of the Group, and the Group does not have any participative or control rights over the entity and has been accounted as an investment to be fair valued through profit and loss account. Helm.ai is engaged in developing advanced Al software for self-driving cars, aimed at enhancing safety, scalability, and cost efficiency.
- 10 On 7 October 2025, the Group, through its wholly-owned subsidiary, KPIT Technologies (UK} Limited, acquired additional stake of 62.9% in N-Oream AG for a total consideration of EUR 16.35 million. Pursuant to this acquisition, N-Dream AG has become a step-down subsidiary of the Group with the total KPIT group shareholding of 88.9%. Accordingly, N-Dream AG will be consolidated in the Group's financial statements from the next reporting quarter onwards.
- 11 The consolidated results of the Company are available on the Company's website, www.kpit.com and also on the website of the BSE Limited, www.bseindia.com and National Stock Exchange of India Limited, www.nseindia.com, where the shares of the Company are listed.
- 12 Consolidated statement of cash flows is attached in Annexure A.
For and on behalf of the Board of Directors of KPIT TECHNOLOGIES LIMITED
CEO & Managing Director
DIN: 00076190
President & Joint Managing Director
DIN: 02918460
Place: Pune Date: 10 November 2025
Registered & Corporate Office: Plot-17, Rajiv Gandhi lnfotech Park, MIDC -SEZ, Phase -I ll, Maan, Hinjawadi, Taluka - Mulshi, Pune - 411057 Phone : +91 20 6770 6000 I [email protected] I www.kpit.com I CIN : L 74999PN2018PLC174192
ANNEXURE A: CONSOLIDATED STATEMENT OF CAS H FLOWS
| ~ in million | |||
|---|---|---|---|
| Particulars | Half Year ended | Year ended | |
| 30 Septembe r | 30 Sept ember 31 March 2025 | ||
| 2025 | 2024 | ||
| (Audited) | |||
| (Unaudited) | (Unaudited) | ||
| A CASH FLOW FROM OPERATING ACTIVITIES | |||
| Profit before tax for the period/year | 4,663.75 | 5,598.10 | 11,325.47 |
| Adjustments for: | |||
| Deprec iation and amortisation expense | 1,375.87 | 1,085.97 | 2,249.60 |
| Finance costs | |||
| 282.79 | 228.94 | 423.92 | |
| Interest income | (86.80) | (69.02) | (149.96) |
| Dividend income | (0.12) | (0.16) | (0.24) |
| Property, plant and equipments and other intangible assets written off | 0.23 | 1.12 | 1.06 |
| Net (gain)/loss on disposal of property, plant and equipments and intangible assets | (14.17) | (197.22) | (208.13) |
| Unrealised (gain)/loss on investment carried at fair value through profit and loss (net) | (6.63) | (5.60) | (35.88) |
| Gain on changes in ownership interest in a subsidiary and a joint venture (Ref er note 6) | - | (199.07) | (470.56) |
| Realised (gain)/ loss on investment carried at fair value through profit and loss (net) | (38.91) | (16.65) | (42.36) |
| Net loss/(gain) on fair valuation of earn outs and derivative assets carried at fair value | (151 .81) | 53.17 | 86.34 |
| through profit or loss (Refer note 5) | |||
| Provision for doubtful debts and advances (net) | (62.83) | 164.19 | (130.74) |
| Bad debts written off | 0.06 | - | 3.45 |
| Share based compensation expenses | 173.69 | 326.86 | |
| 671 .73 | |||
| Net unrealised foreign exchange (gain)/loss | 521 .76 | 45.21 | 85.90 |
| Share of prof it/(loss) of joint ve nture and associate (net of tax) | 278.33 | 49.56 | (28.02) |
| Others | (0.27) | (0.11) | (3.94) |
| Operating profit before working capital changes | 6,934.94 | 7,065.29 | 13,777.64 |
| Adjustments for changes in working capital: | |||
| Trade receivables | (1,605.59) | (424.44) | 767.14 |
| I nve nto ri es | |||
| (21.19) | (82.60) | 55.63 | |
| Loans, other financial assets and other assets | (707.92) | (767.56) | (630.21) |
| Trade payables | 712.97 | 534.78 | (594.72) |
| Other financial liabilities, other liabilities and provisions | (129.07) | 978.61 | 2,568.73 |
| Cash generated from operations | 5,184.14 | 7,304.08 | 15,944.21 |
| Income taxes paid (net) | (1,288.56) | (1,160.22) | (2,048.94) |
| Net cash generated from operating activities (A) | 3,895.58 | 6,143.86 | 13,895.27 |
| B CASH FLOW FROM INVESTING ACTIVITIES | |||
| Purchase of property, plant and equipment and intangible assets | (761.41) | (901.66) | (1,295.29) |
| Proceeds from sale of property, plant and equ ipment | 38.57 | 5.33 | 21 .98 |
| Paymen t s pursuant to acquisition of subsidiaries (net of cash acquired) | (6,066.42) | - | (1,274.92) |
| Payment for contractual obl igation under acq uisition agreement | - | (1,977.78) | (720.92) |
| Investment in mutual fund | |||
| (6,294.00) | (4,176.00) | (7,997.50) | |
| Proceeds from sale of investment in mutual fund | 6,809.73 | 4,141.87 | 6,555.34 |
| Proceed from sale of investments carried at fair value through prof it and loss | 0.73 | 0.88 | 0.88 |
| Investment in financial instruments carried at fair value through profit and loss | (887.92) | - | - |
| Investment in an associate | - | (215.28) | (279.96) |
| Cash outflow pursuant to loss of control | - | · (229.79) | (226.82) |
| Interest rece ived | 125.64 | 59.32 | 100.96 |
| Dividend received | 0.12 | - | - |
| Proceeds from repayment of loan given | |||
| 338.58 | - | - | |
| Am ount placed in deposits | (131.68) | (18,415.14) | (18,656.11) |
| Amount realized from deposits | 734.45 | 18,346.33 | 18,082.60 |
| Net cash used in investing activities (B) | (6,093.6 1) | (3,361.92) | (5,689.77) |
| C CASH FLOW FROM FINANCING ACTIVITIES | |||
| Repayment of long term loan from banks | (0.59) | (0.82) | (1.67) |
| Payment of lease liabilities | (538.90) | (435.06) | (914.77) |
| Proceeds from working capital loan | 1,433.60 | 1,429.25 | 1,429.27 |
| Repayment of working capital loan | (4.48) | (1,504.21) | (1,820.61) |
| Proceeds from shares issued by Employee We lfare Trust | 4.10 | 3.24 | 5.35 |
| Dividend paid | |||
| (1,631.57) | (1,248.50) | (1,927.51) | |
| Interest and finance charges paid | (85.03) | (51.59) | (194.42) |
| Net cash used in financing activities (C) | (822.87) | (1 ,807.69) | (3,424.36) |
| Net increase/(decrease) in cash and cash equivalents (A + B + C) | (3,020.90) | 974.25 | 4,781 .14 |
| Cash and cash eq uivalents at beginning of the period/year | 12,231.78 | 7,429.83 | 7,429.83 |
| Exchange differe nces on translation of fo reign currency cash and cash equivalents | 61 .68 | 21.79 | 20.81 |
| Cash and cash eauivalents at close of the period/year | 9,272.56 | 8,425.87 | 12,231 .78 |
8 SR & Co. LLP
Chartered Accountants
8th floor, Business Plaza Westin Hotel Campus 36/3-B, Koregaon Park Annex Mundhwa Road, Ghorpadi Pune - 411 001 , India Telephone: +91 (20) 6747 7300 Fax: +91 (20) 6747 7100
Limited Review Report on unaudited consolidated financial results of KPIT Technologies Limtied for the quarter ended 30 September 2025 and year to date results for the period from 01 April 2025 to 30 September 2025 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended
To the Board of Directors of KPIT Technologies Limtied
-
- We have reviewed the accompanying Statement of unaudited consolidated financial results of KPIT Technologies Limtied (hereinafter referred to as "the Parent"), and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group") and its share of the net loss after tax and total comprehensive loss of its associate and joint ventures for the quarter ended 30 September 2025 and year to date results for the period from 01 April 2025 to 30 September 2025 ("the Statement"), being submitted by the Parent pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").
-
- This Statement, which is the responsibility of the Parent's management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review.
-
- We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable.
-
- The Statement includes the results of the entities mentioned in Annexure I to the Statement.
-
- Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review report of the other auditor referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.

B S R & Co. (a p.a,tntr\$1p flffll with Raglstralion No. BA61223) converted into 8 SR t co. LLP (a Limited LiabilHy Pa r'lnerahtp W~h UP R~lstrallon No. AAB-8181) with effect from October 14, 2013 Regislered Office:
14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai -400063 Page 1 of4
Limited Review Report (Continued)
KPIT Technologies Limtied
- We did not review the interim financial information of one subsidiary included in the Statement, whose interim financial information reflects total assets (before consolidation adjustments) of Rs. 4,076.60 million as at 30 September 2025 and total revenues (before consolidation adjustments) of Rs. 2,345.48 million and Rs. 4,444.50 million, total net profit after tax (before consolidation adjustments) of Rs. 385.14 million and Rs. 619.34 million and total comprehensive income (before consolidation adjustments) of Rs. 385.14 million and Rs. 619.34 million, for the quarter ended 30 September 2025 and for the period from 01 April 2025 to 30 September 2025 respectively, and cash outflows (net) (before consolidation adjustments) of Rs 395.73 million for the period from 01 April 2025 to 30 September 2025. as considered in the Statement. This interim financial information has been reviewed by other auditor whose report has been furnished to us by the Parent's management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of this subsidiary, is based solely on the report of the other auditor and the procedures performed by us as stated in paragraph 3 above,
This subsidiary is located outside India whose interim financial information has been prepared in accordance with accounting principles generally accepted in its country and which has been reviewed by other auditor under generally accepted auditing standards applicable in its country. The Parent's management has converted the interim financial information of such subsidiary located outside India from accounting principles generally accepted in its country to accounting principles generally accepted in India. We haye reviewed these conversion adjustments made by the Parent's management. Our conclusion in so far as it relates to the balances and affairs of such subsidiary located outside India is based on the report of other auditor and the conversion adjustments prepared by the management of the Parent and reviewed by us.
Our conclusion is not modified in respect of this matter.
For B S R & Co. LLP Chartered Accountants Firm's Registration No.:101248W/W-100022
Shiraz Vastani Partner Membership No.: 103334 UDIN: '2-510 2>3.~4 BMO\l\/13A·10
Adilabad 10 November 2025
Page 2 of 4
Limited Review Report (Continued) KPIT Technologies Limtied
Annexure I
List of entities included in unaudited consolidated financial results.
| Sr. No | Name of component | Relationship |
|---|---|---|
| 1 | KPIT Technologies (UK) Limited | Subsidiary |
| 2 | KPIT (Shanghai) Software Technology Co. Limited | Subsidiary |
| 3 | KPIT Technologies Netherland B.V. | Subsidiary |
| 4 | KPIT Technologies GmbH | Subsidiary |
| 5 | KPIT Technologias L TOA. | Subsidiary |
| 6 | MicroFuzzy lndustrie-Elektronic GmbH | Subsidiary |
| 7 | KPIT Technologies GK | Subsidiary |
| 8 | KPIT Technologies Inc. | Subsidiary |
| 9 | KPIT Technologies Holding Inc. | Subsidiary |
| 10 | KPIT Tech (Thailand) Co., Limited | Subsidiary |
| 11 | Path Partner Technology Private Limited | Subsidiary |
| 12 | PathPartner Technology Inc. | Subsidiary |
| 13 | PathPartner Technology GmbH (liquidated on 2 October 2024) | Subsidiary |
| 14 | Somit Solutions Limited | Subsidiary |
| 15 | Somit Solutions Inc. | Subsidiary |
| 16 | KPIT Technologies S.A.S | Subsidiary |
| 17 | Technica Engineering GmbH | Subsidiary |
| 18 | Technica Electronics Barcelona, S.L. | Subsidiary |
| 19 | Technica Engineering Spain S.L. | Subsidiary |
| 20 | Technica Engineering Inc. | Subsidiary |

Limited Review Report (Continued) KPIT Technologies Limtied
| 21 | FMS Future Mobility Solutions GmbH (merged with KPIT Technologies GmbH with effect from 3 September 2024) |
Subsidiary |
|---|---|---|
| 22 | KPIT Technologies Limited Employee Welfare Trust (ESOP Trust) | Subsidiary |
| 23 | KPIT Engineering SUARL | Subsidiary |
| 24 | KPIT Technologies AB | Subsidiary |
| 25 | Caresoft Engineering Services Limited (with effect from 15 August 2025) |
Subsidiary |
| 26 | Caresoft Global Technologies Inc. (with effect from 15 August 2025) |
Subsidiary |
| 27 | CAREGLOTECH, S. de R.L. de C.V. (with effect from 15 August 2025) |
Subsidiary |
| 28 | Qorix GmbH | Joint venture |
| 29 | Qorix India Private Limited | Subsidiary of Joint venture |
| 30 | N Dream AG | Associate |

Page 4 of 4
Registered & Corporate Office : Plot-17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase - Ill, Maan, Hinjawadi, Taluka - Mulshi, Pune - 411057 Phone: +91 20 6770 [email protected] I www.kpit.com I CIN : L74999PN2018PLC174192
PART I: STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30 SEPTEMBER 2025
| fin million (exceot oer share data) | ||||||
|---|---|---|---|---|---|---|
| Particulars | Quarter ended | Half Year ended | Year ended | |||
| 30 September | 30 June 2025 | 30 September | 30 September 30 September | 31 March 2025 | ||
| 2025 | {Unaudited} | 2024 | 2025 | 2024 | (Audited) | |
| (Unaudited) | {Unaudited} | (Unaudited) | (Unaudited) | |||
| Revenue from operations | 6,586.44 | 6,399.16 | 6,847.20 | 12,985.60 | 12,531.56 | 25,639.34 |
| Other income (Refer note 3, 4 and 5) | 22.29 | 1,281.51 | 538.08 | 1,303.80 | 601.31 | 819.95 |
| Total Income | 6,608.73 | 7,680.67 | 7,385.28 | 14,289.40 | 13,132.87 | 26,459.29 |
| Expenses | ||||||
| Cost of materials consumed | - | - | - | - | 0.57 | 7.96 |
| Employee benefits expense | 3,669.89 | 3,847.55 | 3,931.09 | 7,517.44 | 7,545.54 | 15,348.53 |
| Finance costs | 52.80 | 41.00 | 21.54 | 93.80 | 63.07 | 112.74 |
| Depreciation and am ortization expense | 407.55 | 360.71 | 305.33 | 768.26 | 593.20 | 1,245.20 |
| Net loss on inve~tments carried at fair value through profit and loss |
- | - | 2.20 | - | 3.86 | - |
| Other expenses (Refer note 3) | 936.73 | 834.69 | 943.24 | 1,771.42 | 1,760.61 | 3,383.75 |
| Total expenses | 5,066.97 | 5,083.95 | 5,203.40 | 10,150.92 | 9,966.85 | 20,098.18 |
| Profit before tax | 1,541.76 | 2,596.72 | 2,181.88 | 4,138.48 | 3,166.02 | 6,361.11 |
| Tax expense | ||||||
| Current tax | 404.14 | 328.40 | 575.49 | 732.54 | 851.86 | 1,587.24 |
| Deferred tax (benefit)/charge | (55.71) | (20.91) | (15.80) | (76.62) | (60.90) | (44.51) |
| Total tax expense | 348.43 | 307.49 | 559.69 | 655.92 | 790.96 | 1,542.73 |
| Profit for the period/year | 1,193.33 | 2,289.23 | 1,622.19 | 3,482.56 | 2,375.06 | 4,818.38 |
| Other comprehensive income | ||||||
| (i) Items that will not be reclassified to profit or loss A. |
13.25 | 16.94 | (28.77) | 30.19 | (38.87) | (29.87) |
| (ii) Income tax on items that will not be reclassified to profit or loss |
(4.63) | (5.92) | 10.05 | (10.55) | 13.58 | 10.44 |
| (i) Items that will be reclassified to profit or loss B. |
(122.65) | (610.95) | (533.98) | (733.60) | (453.34) | (75.40) |
| (ii) Income tax on items that will be reclassified to profit or loss |
42.86 | 213.49 | 186.59 | 256.35 | 158.41 | 26.35 |
| Total other comprehensive income/{loss), net of tax | (71.17} | (3 86.44} | {366.11} | (457.61) | {320.22) | (68.48) |
| Total comprehensive income for the oeriod/vear | 1,122.16 | 1,902.79 | 1,256.08 | 3,024.95 | 2,054.84 | 4,749.90 |
| Paid-up equity share capital (face value on 10 per share) | 2,720.61 | 2,719.25 | 2,714.92 | 2,720.61 | 2,714.92 | 2,717.02 |
| Other equity | 16,801.58 | |||||
| Earnings per equity share (face value of f 10 per share)* | ||||||
| Basic | 4.39 | 8.42 | 5.98 | 12.81 | 8.75 | 17.75 |
| Diluted | 4.36 | 8.36 | 5.93 | 12.72 | 8.69 | 17.62 |
| *EPS are not annualised for the interim periods. | ||||||
Registered & Corporate Office : Plot-17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase - Ill , Maan, Hinjawad i, Taluka - Mulshi, Pune - 411057 Phone : +91 20 6770 6000 I [email protected] I www.kpit.com I CIN : L 74999PN2018PLC174192
PART 11: STANDALONE BALANCE SHEET
| r in million | |||
|---|---|---|---|
| Particulars | 30 September 2025 | 31 March 2025 | |
| (Unaudited) | (Audited) | ||
| A ASSETS | |||
| 1 Non-current assets | |||
| a. Property, plant and equipment | 1,870.11 | 1,777.95 | |
| b. Right- of-use assets | 1,878.23 | 1,694.96 | |
| c. Capital work-in-progress | 3.13 | 93.07 | |
| d . Other intangible assets | 649.58 | 314.36 | |
| e. Intangible assets under development | - | 0.45 | |
| f. | Financial assets | ||
| Investments | 17,358.73 | 12,107.20 | |
| Other financial assets | 161.86 | 126.16 | |
| g. | Deferred tax assets (net) | 568.64 | 246.22 |
| h. Income tax assets (net) | 355.76 | 138.95 | |
| i. Other non-current assets | 94.03 | 1.92 | |
| Total non- current assets | 22,940.07 | 16,501.24 | |
| 2 | Current assets | ||
| a. Financial assets | |||
| Investments | 1,708.65 | 1,662.54 | |
| Trade receivables | |||
| Billed | 2,466.23 908.69 |
3,299.76 543.37 |
|
| Unbilled | 529.18 | 1,332.04 | |
| Cash and cash equivalents Bank balances other than cash and cash equivalents above |
167.87 | 404.49 | |
| Other financial assets | 474.45 | 1,099.72 | |
| b. Other current assets | 722.10 | 491.47 | |
| Total current assets | 6,977.17 | 8,833.39 | |
| TOTAL ASSETS | 29,917.24 | 25,334.63 | |
| B EQUITY AND LIABILITIES | |||
| Equity | |||
| a. Equity share capital | 2,720.61 | 2,717.02 | |
| b. Other equity | 18,368.19 | 16,801.58 | |
| Total equity | 21,088.80 | 19,518.60 | |
| Liabilities | |||
| 1 | Non-current liabilities a. Financial liabilities |
||
| Lease liabilities | 1,340.43 | 1,172.32 | |
| b. Provisions | 644.99 | 599.36 | |
| Total non-current liabilities | 1,985.42 | 1,771.68 | |
| 2 | Current liabilities | ||
| a. | Financial liabilities | ||
| Borrowings | 1,256.22 | 0.59 | |
| Lease liabilities | 372.01 | 258.50 | |
| Trade payables | |||
| (i) Total outstanding dues of micro enterprises and small enterprises | 53.92 | 18.53 | |
| (ii) Total outstanding dues of creditors other than micro enterprises and small enterprises | 1,065.96 | 1,000.64 | |
| Other financial liabilities | 1,584.63 | 561.24 | |
| b. Other current liabilities | 2,176.09 | 1,881 .73 | |
| C. | Provisions | 302.47 | 293.37 |
| d . Income tax liabilities (net) | 31.72 | 29.75 | |
| Total current liabilities | 6,843.02 | 4,044.35 | |
| TOTAL EQU ITY AND LIABILITIES | 29,917.24 | 25,334.63 |
Notes:
Place: Pune
Date: 10 November 2025
- The above unaudited standalone financial results have been reviewed by the Audit Committee and thereafter approved and taken on record by the Board of Directors in their meetings held on 10 November 2025. These unaudited standalone financial results have been prepared in accordance with the Indian Accounting Standards ("Ind-AS") as per the Companies (Indian Accounting Standards) Rules, 2015, as amended from time to time, notified under section 133 of the Companies Act, 2013 ("Act") and other re levant provisions of the Act.
- 2 The statutory auditors of the Company have conducted a limited review of the above unaudited standalone financial results of t he Company for the quarter and half year ended 30 September 2025. An unqualified review conclusion has been issued by them thereon.
3 Details of forei n exchan e ain/loss included in above results:
| Particulars | Quarter ended | Half Year ended | Year ended | |||
|---|---|---|---|---|---|---|
| 30 September 2025 (Unaudited) |
30 June 2025 (Unaudited) |
30 September 2024 (Unaud ited) |
30 September 2025 (Unaudited) |
30 September 2024 (Unaudited) |
31 March 2025 (Audited) |
|
| Foreign exchange gain (net) included in other income | 70.16 | 114.82 | 199.55 | |||
| Foreign exchange loss (net) included in other expenses | 113.71 | 124.32 | 238.03 |
4 During the quarter ended 30 September 2024, the Company had recogn ised a one-time taxable gain of t 450.00 mi llion on settlement of an insurance claim under "Other income" in the statement of profit and loss account.
5 During the quarter ended 30 June 2025, the Company had received dividend of ~ 709.79 million and ~ 500.00 million from its wholly-owned subsidiaries KPIT Technologies GK, Japan and PathPartner Technology Private Limited, India respectively.
6 Where financial results contain both consolidated financial results and standalone financial results of the parent, segment information is required to be presented only in the consolidated financial results. Accordingly, segment information has been presented in the consolidated financial results.
7 The standalone results of the Company are available on the Company's website, www.kpit.com and also on the website of the BSE Limited, www.bseindia.com and National Stock Exchange of India Limited, www.nseindia.com, where the shares of the Company are listed.
8 Statement of Cash flows is attached in Annexure A
For and on behalf of the Board of Directors of KPIT TECHNOLOGIES LIMITED
( v \ o~
CEO & Managing Director DIN: 00076190
i~dent & Joint Managing Director DIN: 02918460
Registered & Corporat e Office : Plot-17, Rajiv Gandhi lnfotech Park, MIDC- SEZ, Phase-Il l, Maan, Hinjawadi, Taluka - Mulshi , Pune - 411057 Phone : +91 20 6770 6000 I [email protected] I CIN : L74999PN2018PLC174192
ANNEXURE A: STANDALONE STATEMENT OF CASH FLOWS
| Particulars Half ye ar ended Year ended 30 September 30 September 31 March 2025 2024 2025 (Audited) (Unaudited) (U naudited) A CASH FLOW FROM OPERATING ACTIVITIES Profit before tax for the period / year 4,138.48 3,166.02 6,361.11 Adjustments for: Depreciat ion and amortization expense 768.26 593.20 1,245.20 Finance costs 93.80 63.07 112.74 Interest income (24.69) (42.05) (69.01) Dividend income (1,209.91) (0.16) (0.24) Property, plant and equipments and ot her intangible assets written off 0.71 0.78 0.23 Net gain on disposal of property, plant and equipments (0.88) (17.34) (2.70) Unrealised (gain)/ loss on investment carried at fair value through profit and loss (net) (1.59) 3.86 (12.65) Net loss on fair valuation of earn outs and derivative assets carried at fair value through - 27.20 60.43 profit or loss Realised (gain)/ loss on investment carried at fair value through profit and loss (net) (31.49) (11 .22) (29.35) Provision for doubtful debts and advances (net) (37.79) 63.52 (100.31) Share based compensat ion expenses 160.90 334.36 102.56 Net unrealised fore ign exchange loss/ (gain) (46.87) (57.53) 16.20 Others (0.03) (0.27) (0.07) 3,705.36 3,994.59 7,916.53 Operating profit before working capital changes Adjustments for changes in working capital: Trade receivables 100.31 440.99 571.01 Ot her f inancial assets and other assets (163.39) (372.09) (13.18) Trade payables 271 .58 148.03 95.50 Ot her financial liabilities, other liabilities and provisions 332.26 907.11 119.48 Cash generated from operations 4,540.74 4,901 .50 8,611.85 Income taxes paid (net) (947.38) (784.68) (1,470.47) Net cash generated from operating activities (A) 7,141.38 3,593.36 4,116.82 B CASH FLOW FROM INVESTING ACTIVITIES Purchase of property, plant and equipment and int angible assets (532.09) (753.73) (1 ,040.31) Proceeds from sale of property, plant and equipment 17.34 1.59 5.59 Invest ment in subsid iaries (5,206.61) (925.00) (925.00) Payment for cont ractual obligat ion under acquisition agreement - (720.92) (720.92) Investment in an associate - (215.28) (279.96) Investment in mutual fund (6,220.00) (3,988.00) (7,528.00) Proceeds from sale of invest ment in mutual fund 6,206.24 4,051.37 6,384.84 Proceed from sale of investment s carried at fair value through profit and loss 0.73 0.88 0.88 Interest received 89.94 16.03 28.49 Dividend received 1,209.91 - - Amount placed in deposit s (131 .00) (2,014.20) (2,422.20) Amount realized from deposits 745.40 1,950.77 1,901.63 Net cash used in investing activities (B) (3,820.14) (2,596.49) (4,594.96) C CASH FLOW FROM FINANCING ACTIVITIES Repayment of long term loan from banks (0.59) (0.82) (1.67) Payment of lease liabilities (176.77) (147.14) (305.90) Proceeds from working capital loan 1,230.62 1,410.68 1,410.68 Repayment of working capital loan - (1,410.68) (1,410.68) Proceeds from shares issued by Employee Welfare Trust 4.10 3.24 5.34 Dividend paid (1 ,631.57) (1,248.50) (1,927.51) Interest and finance charges paid (7.25) (5.98) (6.05) Net cash used in financing activities (C) (2,235.79) (581.46) (1,399.20) Net increase/(decrease) in cash and cash equivalents (A + B + C) (808.24) 121.13 310.63 Cash and cash equivalents at beginning of the period/ year 1,332.04 998.24 998.24 |
t in m illion | ||
|---|---|---|---|
| Exchange differences on translation of foreign currency cash and cash equivalents 5.38 35.61 23.17 |
|||
| Cash and cash equivalents at close of the period/year 1,332.04 529.18 1,154.98 |
BS R & Co. LLP
Chartered Accountants
8th floor, Business Plaza Westin Hotel Campus 36/3-B, Koregaon Park Annex Mundhwa Road, Ghorpadi Pune - 411 001 , India Telephone: +91 (20) 6747 7300 Fax: +91 (20) 6747 7100
Limited Review Report on unaudited standalone financial results of KPIT Technologies Limited for the quarter ended 30 September 2025 and year to date results for the period from 01 April 2025 to 30 September 2025 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended
To the Board of Directors of KPIT Technologies Limited
-
- We have reviewed the accompanying Statement of unaudited standalone financial results of KPIT Technologies Limited (hereinafter referred to as "the Company") for the quarter ended 30 September 2025 and year to date results for the period from 01 April 2025 to 30 September 2025 ("the Statement") (in which are included interim financial information from an Employee Stock Option (ESOP) trust).
-
- This Statement, which is the responsibility of the Company's management and approved by its Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). Our responsibility is to issue a report on the Statement based on our review.
-
- We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
-
- Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it

B s R & Co. {a partners.nlp rum with Registration No. BA61223) converted inlo B S R & Co, LLP (a Limited Liabilily Panner,hip'Wl°1h LLP Regislration No. AA.8•8181) with effect from October 14, 2013 Regislered Office:
14th Floor, Central B Wing and North C Wing, Nesca IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of2
Limited Review Report (Continued) KPIT Technologies Limited
contains any material misstatement.
For B S R & Co. LLP
Chartered Accountants Firm's Registration No.:101248W/W-100022
Shiraz Vastani Partner Membership No.: 103334 UDIN: 2.510~1~4 ~o\lVS l fl.&
Adilabad 10 November 2025
Page 2 of 2
November 10, 2025
To,
National Stock Exchange of India Limited Exchange Plaza, C/1, G Block, Sandra - Kurla Complex, Sandra (E), Mumbai - 400051.
Symbol: KPITTECH Series: EQ
Dear Sir / Madam,
Kind Attn: The Manager, Listing Department
Subject: - Un-Audited financial results of KPIT Technologies Limited ("the Company") for the quarter and half-year ended September 30, 2025.
With reference to the captioned subject, we wish to submit that there is a difference of Rs. 20.83 million in the paid-up equity share capital of the Company as reported in the shareholding pattern submitted for the quarter ended September 30, 2025 (Rs. 2,741.43 million) and un-audited financial results for the quarter and half year ended September 30, 2025 (Rs. 2,720.60 million) on account of elimination of shares held by KPIT Technologies Employees Welfare Trust (the "Trust') as the Company consolidates the financials of the Trust. The Trust holds 2.08 million equity shares in the Company (total face value of Rs. 20.83 million Rs. 10/- per share) as on September 30, 2025.
Request you to please take note of the same.
Thanking you.
Yours faithfully,
For KPIT Technologies Limited
Ashish Malhotra General Counsel & Company Secretary

0 +91 20 6770 6000 E [email protected] W kpit.com
KP 11·