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KPIT Technologies Ltd Regulatory Filings 2024
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Regulatory Filings
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October 24, 2024
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,
Sub: Disclosure under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Listing Regulations") - Newspaper Advertisement
In terms of Regulation 47 of the Listing Regulations, please find enclosed copies of newspaper advertisement dated October 24, 2024, published in Indian Express (in English); Financial Express (in English) and Loksatta (in Marathi), regarding unaudited Consolidated Financial Results for the quarter and half year ended September 30, 2024.
Kindly take the same on your record.
Thanking you.
Yours faithfully,
For KPIT Technologies Limited
DESHPANDE NIDA YUNUS Digitally signed by DESHPANDE NIDA YUNUS Date: 2024.10.24 15:52:45 +05'30'
Nida Deshpande Company Secretary & Compliance Officer
Encl: as above
O +91 20 6770 6000 E [email protected] W kpit.com
EXPRESS NETWORK
TRUSTED PARTNER TO THE MOBILITY INDUSTRY
Q2 FY2025 RESULTS HIGHLIGHTS
20.1% Revenue
Particulars
YoY PAT gain in Q2FY25] Consecutive quarters' of steady revenue and EBITDA growth
₹ in million (except per share data)
EXTRACT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30 SEPTEMBER 2024
| Quarter ended 30 September 2024 (Unaudited) |
Half Year ended (Unaudited) |
Quarter ended 30 September 2024 30 September 2023 (Unaudited) |
|
|---|---|---|---|
| 14,714.13 | 28,360.43 | 11,991.57 |
| Revenue from operations | 14,714.13 | 28,360.43 | 11,991.57 | |
|---|---|---|---|---|
| $\overline{2}$ | Profit for the period (before tax and including share of | 2,831.13 | 5,598.10 | 1,877.37 |
| profit/(loss) of equity accounted investees (net of tax)) | ||||
| 3 | Profit for the period after tax | 2,037.45 | 4,079.05 | 1,414.01 |
| 4 | Total comprehensive income for the period | 2,346.24 | 4,292.50 | 1,294.04 |
| 5 | Paid-up equity share capital (face value of $\overline{\tau}$ 10 per share) | 2,714.92 | 2,714.92 | 2,710.13 |
| 6 | Earnings per equity share* | |||
| Basic | 7.51 | 15.03 | 5.20 | |
| Diluted | 7.45 | 14.92 | 5.16 | |
| *EPS are not annualised for the interim periods. |
Notes
Sr. No.
-
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 23 October 2024. 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 other relevant provisions of the Act.
-
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 2024. An unqualified review conclusion has been issued by them thereon.
-
Standalone information:
| Sr. No. |
Particulars | Quarter ended 30 September 2024 (Unaudited) |
Half Year ended 30 September 2024 (Unaudited) |
Quarter ended 30 September 2023 (Unaudited) |
|---|---|---|---|---|
| a | Revenue from operations | 6,847.20 | 12,531.56 | 5,034.12 |
| b | Profit before tax | 2,181.88 | 3,166.02 | 1,109.71 |
| $\mathsf{C}$ | Profit for the period | 1,622.19 | 2,375.06 | 843.51 |
| d | Other comprehensive income/(loss) | (366.11) | (320.22) | (11.28) |
| e | Total comprehensive income for the period | 1,256.08 | 2,054.84 | 832.23 |
-
- During the current quarter, the Company has 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.
-
- Subsequent to quarter ended 30 September 2024, the Company has acquired an additional 13% stake in N-Dream AG (N-Dream) post completion of all closing conditions for cash consideration of EURO 3 million. With this additional share purchase, total shareholding of the Company is 26% in N-Dream. The Company continues to hold non-controlling equity holding in N-Dream.
-
- The Group has acquired 100% stake in KPIT Engineering Suarl, Tunisia (KPIT Tunisia) through KPIT Technologies GmbH, a wholly owned step down subsidiary of the Company. KPIT Tunisia operates as a nearshore development center, primarily serving Technica GmbH, its sole customer.
The cash consideration for this acquisition amounts to EUR 5.00 million, which is part of the total consideration of EUR 110.00 million as per the Share Purchase Agreement for Technica Group dated 21 September 2022 with the sellers.
- The above is an extract of the detailed format of Quarterly Financial Results filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements). Regulations, 2015. The detailed format of consolidated and 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.
For and on behalf of the Board of Directors of KPIT Technologies Limited
Kishor Patil CEO & Managing Director [DIN: 00076190]
Sachin Tikekar President & Joint Managing Director [DIN: 02918460]
Place: Pune Date: 23 October 2024
KPIT TECHNOLOGIES LIMITED
Registered & Corporate Office: Plot-17, Rajiv Gandhi Infotech Park, MIDC-SEZ, Phase-III, Maan, Taluka - Mulshi, Hinjawadi, Pune - 411057. Phone: +91 20 6770 6000 | [email protected] | www.kpit.com | CIN: L74999PN2018PLC174192
$KP$ | $T$
FINANCIAL EXPRESS
TRUSTED PARTNER TO THE MOBILITY INDUSTRY
Q2 FY2025 RESULTS HIGHLIGHTS
$20.1\%$ Revenue
YoY PAT agin in O2FY251 Consecutive quarters' of steady revenue and EBITDA growth
EXTRACT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30 SEPTEMBER 2024
₹ in million (except per share data)
| Sr. No. |
Particulars | Ouarter ended 30 September 2024 (Unaudited) |
Half Year ended 30 September 2024 (Unaudited) |
Ouarter ended 30 September 2023 (Unaudited) |
|---|---|---|---|---|
| $\mathbf{1}$ | Revenue from operations | 14,714.13 | 28,360.43 | 11,991.57 |
| $\overline{2}$ | Profit for the period (before tax and including share of profit/(loss) of equity accounted investees (net of tax)) |
2,831.13 | 5,598.10 | 1,877.37 |
| 3 | Profit for the period after tax | 2,037.45 | 4,079.05 | 1,414.01 |
| 4 | Total comprehensive income for the period | 2,346.24 | 4,292.50 | 1,294.04 |
| $\frac{5}{6}$ | Paid-up equity share capital (face value of ₹ 10 per share) Earnings per equity share* |
2,714.92 | 2,714.92 | 2,710.13 |
| Basic | 7.51 | 15.03 | 5.20 | |
| Diluted *EPS are not annualised for the interim periods. |
7.45 | 14.92 | 5.16 |
Notes
-
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 23 October 2024. 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 other relevant provisions of the Act.
-
- 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 2024. An unqualified review conclusion has been issued by them thereon.
-
- Standalone information:
| Sr. No. |
Particulars | Ouarter ended 30 September 2024 (Unaudited) |
Half Year ended 30 September 2024 30 September 2023 (Unaudited) |
Ouarter ended (Unaudited) |
|---|---|---|---|---|
| $\mathbf{a}$ | Revenue from operations | 6,847.20 | 12,531.56 | 5,034.12 |
| b | Profit before tax | 2,181.88 | 3,166.02 | 1,109.71 |
| $\mathbf{C}$ | Profit for the period | 1,622.19 | 2,375.06 | 843.51 |
| d | Other comprehensive income/(loss) | (366.11) | (320.22) | (11.28) |
| e | Total comprehensive income for the period | 1,256.08 | 2,054.84 | 832.23 |
During the current quarter, the Company has recognised a one-time taxable gain of ₹ 450.00 million on settlement of an 4. insurance claim under "Other income" in the consolidated statement of profit and loss account.
Subsequent to quarter ended 30 September 2024, the Company has acquired an additional 13% stake in N-Dream AG 5. (N-Dream) post completion of all closing conditions for cash consideration of EURO 3 million. With this additional share purchase, total shareholding of the Company is 26% in N-Dream. The Company continues to hold non-controlling equity holding in N-Dream.
- The Group has acquired 100% stake in KPIT Engineering Suarl, Tunisia (KPIT Tunisia) through KPIT Technologies GmbH, a wholly owned step down subsidiary of the Company. KPIT Tunisia operates as a nearshore development center, primarily serving Technica GmbH, its sole customer.
The cash consideration for this acquisition amounts to EUR 5.00 million, which is part of the total consideration of EUR 110.00 million as per the Share Purchase Agreement for Technica Group dated 21 September 2022 with the sellers.
- The above is an extract of the detailed format of Quarterly Financial Results filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements). Regulations, 2015. The detailed format of consolidated and 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.
For and on behalf of the Board of Directors of KPIT Technologies Limited
Kishor Patil CEO & Managing Director [DIN: 00076190]
Sachin Tikekar President & Joint Managing Director [DIN: 02918460]
Place: Pune Date: 23 October 2024
KPIT TECHNOLOGIES LIMITED
Registered & Corporate Office: Plot-17, Rajiv Gandhi Infotech Park, MIDC-SEZ, Phase-III, Maan, Taluka - Mulshi, Hinjawadi, Pune - 411057. Phone: +91 20 6770 6000 | [email protected] | www.kpit.com | CIN: L74999PN2018PLC174192 TRUSTED PARTNER TO THE MOBILITY INDUSTRY
02 FY2025 RESULTS HIGHLIGHTS
Revenue Growth
YoY CC
70 Growth* [*Includes one time gain in Q2FY25]
YoY PAT
रक्शना
WWWLOKSATTA.CO
Consecutive quarters' of steady revenue and EBITDA growth
KPIT
पणे दिनांक
EXTRACT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30 SEPTEMBER 2024
$\ell\ell\ell\ell\ell\ell\ell$
| ₹ in million (except per share data) | ||||
|---|---|---|---|---|
| Sr. No. |
Particulars | Quarter ended 30 September 2024 (Unaudited) |
Half Year ended 30 September 2024 30 September 2023 (Unaudited) |
Ouarter ended (Unaudited) |
| Revenue from operations | 14,714,13 | 28,360.43 | 11,991.57 | |
| $\overline{2}$ | Profit for the period (before tax and including share of profit/(loss) of equity accounted investees (net of tax)) |
2,831.13 | 5,598.10 | 1,877.37 |
| $\overline{3}$ | Profit for the period after tax | 2,037.45 | 4,079.05 | 1,414.01 |
| 4 | Total comprehensive income for the period | 2,346.24 | 4,292.50 | 1,294.04 |
| 5 | Paid-up equity share capital (face value of ₹ 10 per share) | 2,714.92 | 2,714.92 | 2,710.13 |
| 6 | Earnings per equity share* | |||
| Basic | 7.51 | 15.03 | 5.20 | |
| Diluted *EPS are not annualised for the interim periods. |
7.45 | 14.92 | 5.16 |
Notes
The above unaudited consolidated financial results have been reviewed by the Audit Committee and thereafter approved and 1. taken on record by the Board of Directors in their meetings held on 23 October 2024. 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 other relevant provisions of the Act.
-
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 2024. An unqualified review conclusion has been issued by them thereon.
-
Standalone information:
| Sr. No. |
Particulars | Ouarter ended 30 September 2024 (Unaudited) |
Half Year ended 30 September 2024 30 September 2023 (Unaudited) |
Ouarter ended (Unaudited) |
|---|---|---|---|---|
| a | Revenue from operations | 6,847,20 | 12,531.56 | 5,034.12 |
| b | Profit before tax | 2,181.88 | 3,166.02 | 1,109.71 |
| c. | Profit for the period | 1,622.19 | 2,375.06 | 843.51 |
| d | Other comprehensive income/(loss) | (366.11) | (320.22) | (11.28) |
| e | Total comprehensive income for the period | 1,256.08 | 2,054.84 | 832.23 |
During the current quarter, the Company has recognised a one-time taxable gain of ₹ 450.00 million on settlement of an 4. insurance claim under "Other income" in the consolidated statement of profit and loss account.
$\mathbb{R}$ Subsequent to quarter ended 30 September 2024, the Company has acquired an additional 13% stake in N-Dream AG (N-Dream) post completion of all closing conditions for cash consideration of EURO 3 million. With this additional share purchase, total shareholding of the Company is 26% in N-Dream. The Company continues to hold non-controlling equity holding in N-Dream.
The Group has acquired 100% stake in KPIT Engineering Suarl, Tunisia (KPIT Tunisia) through KPIT Technologies GmbH, a wholly 6. owned step down subsidiary of the Company. KPIT Tunisia operates as a nearshore development center, primarily serving Technica GmbH, its sole customer.
The cash consideration for this acquisition amounts to EUR 5.00 million, which is part of the total consideration of EUR 110.00 million as per the Share Purchase Agreement for Technica Group dated 21 September 2022 with the sellers.
The above is an extract of the detailed format of Quarterly Financial Results filed with the Stock Exchanges under Regulation $\overline{c}$ 33 of the SEBI (Listing Obligations and Disclosure Requirements). Regulations, 2015. The detailed format of consolidated and 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.
For and on behalf of the Board of Directors of KPIT Technologies Limited
Kishor Patil
CEO & Managing Director [DIN: 00076190]
Sachin Tikekar
President & Joint Managing Director [DIN: 02918460]
Place: Pune Date: 23 October 2024
KPIT TECHNOLOGIES LIMITED
Registered & Corporate Office: Plot-17, Rajiv Gandhi Infotech Park, MIDC-SEZ, Phase-III, Maan, Taluka - Mulshi, Hinjawadi, Pune - 411057. Phone: +91 20 6770 6000 | [email protected] | www.kpit.com | CIN: L74999PN2018PLC174192