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KPIT Technologies Ltd Interim / Quarterly Report 2026

Jun 23, 2025

59234_rns_2025-06-23_55463f47-04a7-4a5f-be21-7b1b844d77cd.pdf

Interim / Quarterly Report

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June 23, 2025

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001.

National Stock Exchange of India Ltd., Exchange Plaza, C/1, G Block, Bandra - Kurla Complex, Bandra (E), Mumbai – 400051.

Scrip ID: KPITTECH Scrip Code: 542651

Kind Attn: The Manager, Department of Corporate Services

Symbol: KPITTECH Series: EQ Kind Attn: The Manager, Listing Department

Subject:- Mid Quarter Update – June 2025

Dear Sir / Madam,

Please find enclosed Mid Quarter Update – June 2025.

Kindly take the same on your records.

Thanking you. Yours faithfully, For KPIT Technologies Limited

ASHISH Digitally signed by ASHISH MALHOTRA MALHOTRA Date: 2025.06.23 16:33:08 +05'30' Ashish Malhotra General Counsel & Company Secretary

Encl.: - as above

KPIT Technologies Limited O +91 20 6770 6000 Registered & Corporate Office: Plot No. 17, Rajiv Gandhi Infotech Park, MIDC-SEZ, Phase-III, E ~~Maan, Taluka-M~~ [email protected], Hinjawadi, Pune-411057, India. W kpit.com CIN: L74999PN2018PLC174192

June-2025

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KPIT Technologies
1
Mid-Quarter Update
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Update on Caresoft Acquisition

  • The KPIT Board approved 100% acquisition of Caresoft’s Global Engineering Solutions Business in the last board meeting held on May 06, 2025.

  • There are certain Closing Conditions that need to be satisfied by both the parties before we can close the deal

  • We are currently working towards the same and we expect to close the deal by the end of this quarter, barring any unforeseen circumstances

  • Thus, we expect revenues of the acquired business to be consolidated, beginning of Q2FY26

  • We believe this consolidation will contribute to around 4% growth in FY26 over FY25

  • To reiterate, Caresoft acquisition will:

  • Augment KPIT’s growth in Trucks and Off-highway segment

  • Boost value creation for KPIT clients with full vehicle cost reduction solutions

  • Enhance KPIT’s manufacturing engineering solutions portfolio

  • Accelerate KPIT’s foray into China Market

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6/23/2025

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Other Updates

  • The overall business environment continues to be uncertain with rising geopolitical concerns and ambiguity around the overall tariff scenario.

  • For KPIT, the pipeline continues to be strong, though the conversions are much slower than expected. Substantial pipeline however is moving in a positive direction. In geos, Europe is looking positive. USA /Asia are a bit uncertain. We have seen some early, small though important wins in Trucks and Off-highway.

  • The ramp-ups for the wins are progressing at an even slower pace than what was anticipated at the end of the last quarter.

  • In some cases where new wins have happened, there is part cannibalization of our own revenues due to limited budgets available and spend happening in immediate priority areas.

  • Going forward, we expect offshoring to grow further with an intent to lower the overall costs

  • We also do not expect to have any one-time gains in Q1FY26 as we had in Q4FY25. There will be some additional deficits in other income due to the sudden movement in forex rates.

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6/23/2025

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Thank you

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