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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
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Mid-Quarter Update
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Update on Caresoft Acquisition
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The KPIT Board approved 100% acquisition of Caresoft’s Global Engineering Solutions Business in the last board meeting held on May 06, 2025.
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There are certain Closing Conditions that need to be satisfied by both the parties before we can close the deal
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We are currently working towards the same and we expect to close the deal by the end of this quarter, barring any unforeseen circumstances
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Thus, we expect revenues of the acquired business to be consolidated, beginning of Q2FY26
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We believe this consolidation will contribute to around 4% growth in FY26 over FY25
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To reiterate, Caresoft acquisition will:
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Augment KPIT’s growth in Trucks and Off-highway segment
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Boost value creation for KPIT clients with full vehicle cost reduction solutions
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Enhance KPIT’s manufacturing engineering solutions portfolio
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Accelerate KPIT’s foray into China Market
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6/23/2025
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Other Updates
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The overall business environment continues to be uncertain with rising geopolitical concerns and ambiguity around the overall tariff scenario.
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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.
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The ramp-ups for the wins are progressing at an even slower pace than what was anticipated at the end of the last quarter.
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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.
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Going forward, we expect offshoring to grow further with an intent to lower the overall costs
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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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