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KPIT Technologies Ltd Regulatory Filings 2025

Jul 30, 2025

59234_rns_2025-07-30_e9bc6bb2-0c2c-40b7-88d9-05d3ccf5093e.pdf

Regulatory Filings

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July 30, 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, Sandra (E), Mumbai - 400051.

Symbol: KPITTECH Series: EQ

Kind Attn: The Manager, Listing Department

Dear Sir / Madam,

Subject: - Outcome of the Board Meeting held on Wednesday, July 30, 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: 9.15 am 1ST. Time of Conclusion of the Board Meeting: 02:00 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 ended June 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 ended June 30, 2025, along with Limited Review Reports thereon and Investor Update are being sent separately.

Kindly take the same on your records.

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

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 6000 I [email protected] I www.kpit.com I CIN : L74999PN2018PLC174192

PART I: STATEMENT OF UNAUDITED CONSOLI DATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE 2025

r in million (except per share data)
Particulars Quarter ended Year ended
30 June 2025 31 March 2025 30 June 2024 31 March 2025
(Unaudited) (Audited) (Un audited) (Au dited)
(Refer note 8)
Revenue from operations 15,387.61 15,283.44 13,646.30 58,423.45
Other income (Refer note 4, 5 and 6) 159.60 461.59 544.44 1,673.22
Total income 15,547.21 15,745.03 14,190.74 60,096.67
Expenses
Cost of materials consumed 179.97 151.80 10.37 487.64
Changes in inventories of fin ished goods and work-in-progress 29.90 61.54 68.56 70.00
36,992.71
Employee benefits expense 9,754.42 9,549.73 8,743.65
127.31
423.92
Finance costs
Depreciation and amortisation expense
120.28
628.81
91 .88
579.23
525.14 2,249.60
Other expenses (Refer note 4) 2,424.56 2,290.46 1,942.12 8,575.35
Total expenses 13,137.94 12,724.64 11,417.15 48,799.22
Profit before share of profit/(loss) of j oint venture and
associate and tax
2,409.27 3,020.39 2,773.59 11,297.45
Share of profit/(loss) of joint venture and associate (net of tax) (51.17) 141.36 (6.62) 28.02
Profit before tax 2,358.10 3,161.75 2,766.97 11,325.47
Tax expense (Refer note 5)
Current tax 925.61 544.99 998.29 3,093.13
Deferred tax (benef it)/charge (286.50) 169.51 (272.92) (163.66)
Total tax expense 639.11 714.50 725.37 2,929.47
Profit for the period/year 1,718.99 2,447.25 2,041.60 8,396.00
Other comprehensive income
(i) Items that will not be reclassified to profit or loss
A.
12.02 10.08 (9.13) (27.28)
(ii) Income tax on items that will not be reclassified to
profit or loss
(4.68) (3.41) 3.26 9.76
(i) Items that will be reclassified to profit or loss
B.
595.48 417.17 (61.29) 337.94
(ii) Income tax on items that will be reclassified to profit
or loss
213.49 27.40 (28.18) 26.35
Total other comprehensive income/(loss), net of tax 816.31 451.24 (95.34) 346.77
Total comprehensive income for the period/ year 2,535.30 2,898.49 1,946.26 8,742.77
Profit attributable to
Owners of the Company 1,718.99 2,447.25 2,041.60 8,396.00
Non - controlling interests - - -
Profit for th e period/year 1,718.99 2,447.25 2,041.60 8,396.00
Other comprehensive income/(loss) attributable to
Owners of the Company 816.31 451.24 (95.34) 346.77
Non -controlling interests - - -
Other comprehensive income/(loss) for the period/year 816.31 451.24 (95.34) 346.77
Total comprehensive income attributable to
Owners of t he Company 2,535.30 2,898.49 1,946.26 8,742.77
Non-controlling interests - - -
Total comprehensive income for the oeriod/year 2,535.30 2,898.49 1,946.26 8,742.77
Paid-up equity share capital (face value of f 10 per share) 2,719.25 2,717.02 2,713 .54 2,717.02
Other equity 26,404.56
Earnings per equity share (face value off 10 per share)*
Basic 6.32 9.01 7.53 30.93
Diluted 6.28 8.94 7.47 30.70
*EPS are not annualised for the interim periods.

KPIT TECHNOLOGIES LIM ITED

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 CIN : L74999PN2018PLC174192

PART II : SEGMENT WISE REVENUE, RESU LTS, ASSETS AND LI ABILITIES

~ in million
Sr Particulars Qu arter ended Year ended
No 30 June 2025 31 March 2025 30 June 2024 31 March 2025
(Unaudited) (Audited) (Unaudited) (Audited)
(Refer note 8)
1 Segment revenue
Americas 4,569.92 4,346.00 3,945.30 16,302.68
UK & Europe 7,268.01 6,914.48 7,288.33 29,134.78
Rest of the World 7,986.83 8,455.21 6,611.49 30,039.75
Total 19,824.76 19,71 5.69 17,845.12 75,477.21
Less : Inter segment revenue 4,437.15 4,432.25 4,198.82 17,053.76
Revenue from operations 15,387.61 15,283.44 13,646.30 58,423.45
2 Segment results
Americas 1,013.73 1,041.48 1.000.95 3,759.17
UK & Europe 1,186.09 1,232.28 1,702.92 6,328.98
Rest of the World 1,616.57 1,536.71 1,062.35 5,380.67
Total 3,816.39 3,810.47 3,766.22 15,468.82
Less:
Finance costs 120.28 91.88 127.31 423.92
Other unallocable expenditure (net of unallocable
income)
1,286.84 698.20 865.32 3,747.45
Profit before share of profit/(loss) of joint venture and 2,409.27 3,020.39 2,773.59 11,297.45
associate and tax
Share of profit/(loss) of joint venture and associate (51.17) 141.36 (6.62) 28.02
(net of tax)
Profit before tax 2,358.10 3,1 61.75 2,766.97 11,325.47
3 Segment assets
Americas 2,584.26 2,780.33 2,953.62 2,780.33
UK & Europe
Rest of the World
5,164.68 4,516.86 5,317.01
988.02
4,516.86
1,885.48
Total 1,811.02
9,559.96
1,885.48
9,1 82.67
9,258.65 9,182.67
Unallocated assets 43,677.96 41,146.95 34,842.65 41,146.95
Total assets 53,237.92 50,329.62 44,101.30 50,329.62
4 Segment liabilities
Americas 289.15 251.07 192.18 251.07
UK & Europe 4,222.37 4,546.01 3,446.30 4,546.01
Rest of the World 1,785.19 1,583.73 995.79 1,583.73
Total 6,296.71 6,380.81 4 ,634.27 6,380.81
Unallocated liabilities 15,184.11 14,827.23 15,744.96 14,827.23
Total liabilit ies 21,480.82 21,208.04 20,379.23 21,208.04

a Segment assets other than t rade receivables (including unbilled) and contract assets and segment liabilities other than contract liabilities (unearned revenue) and advance from customers used in the Company'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.

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 30 July 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 t ime to t ime, notified under section 133 of the Companies Act, 2013 ("Act") and other 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 ended 30 June 2025. An unqualified review conclusion has been issued by them thereon.

  • 3 The above unaudited consolidated financial results include 22 wholly- owned subsidiaries, one joint venture, and one associate as on 30 June 2025.
  • 4 Details of foreign exchange gain/ loss included in above results:
Particulars Year ended
30 June 2025
{Unaudited)
Quarter ended
31 March 2025
(Audited)
(Refer note B)
30 June 2024
{Unaudited)
31 March 2025
(Audited)
Foreign exchange gain (net) included in other income 2.99 81.99 82.98
Foreign exchange loss (net) included in other expenses 240.30

5 During the quarter ended 30 June 2024, ZF Friedrichshafen AG ("ZF") had invested EURO 1.35 million in Qo rix 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 appl icable Ind-AS, had:

  • a. derecognised the assets and liabilities of Qorix GmbH and recognised the resu lting one-time gain of ~ 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 of ~ 68.92 million under "Tax expense".

During the quarter ended 31 March 2025, Qualcomm Ventures LLC ("Qualcomm") 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 dilution" of~ 271.49 million under "Other income" in the Consolidated Statement of Profit and Loss account.

6 During the year ended 31 March 2025, the Company had recognised a one-time taxable gain of t 450.00 million on settlement of an insurance claim under "Other income" in the Consolidated Statement of Profit and Loss account.

  • 7 The Board of Directors of the Company, at its meeting held on 6 May 2025, has approved the 100% acquisition of:
  • a. Caresoft Global Technologies, Inc., United States of America;
  • b. Caresoft Engineering Services Limited, United Kingdom;
  • c. CAREGLOTECH de RL de CV, Mexico;
  • d. OXI SRL, Italy.

(together referred to as "Caresoft Entities")

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 w ith full vehicle cost reduction solutions c. Enhance KPIT's manufacturing engineering solutions portfolio
  • d. Accelerate KPIT's foray into China Market

The Group, through KPIT Technologies Limited, India along with its wholly-owned subsidiaries KPIT Technologies Inc., United States and KPIT Technologies (UK) Limited, has entered into a definitive Share Purchase Agreement with the Sellers: Caresoft Global Holdings Limited, Sabella Davies & Richard Ambadipudi; Guarantor, Mathew Vachaparampil.

Definitive Share Purchase Agreement governing the acquisition outlines certain closing conditions that need to be satisfied by both the parties. Both the parties are working towards completion of these closing conditions and they are expected to be completed shortly, barring any unforeseen circumstances.

Notes:

  • 8 The figures for t he quarter ended 31 March 2025 as reported in these financial results, are the balancing figures between the audited figures in respect of the full financial year and unaudited published year to date figu res upt o t he end of the third quarter of the relevant financial year.
  • 9 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.

For and on behalf of t he Board of Directors of KPIT TECHNO LOGIES LI MITED

• Pati (

DIN : 00076190

CEO & Manr:t,g Director

~ n Tikekar P;ehident & Joint Managing Director DIN: 02918460

Place: Pune Date: 30 J ul 2025

BS R & Co. LLP

Chartered Accountants

8th floor, Business Plaza Westin Hotel Campus 3613-B, Koregaon Park Annex Mundhwa Road , Ghorpadi Pune - 41 1 001 , India Telephone: +91 (20) 6747 7300 Fax: +91 (20) 6747 7100

Limited Review Report on unaudited consolidated financial results of KPIT Technologies Limited for the quarter ended 30 June 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

    1. We have reviewed the accompanying Statement of unaudited consolidated financial results of KPIT Technologies Limited (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 venture for the quarter ended 30 June 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").
    1. 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.
    1. 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.

    1. The Statement includes the results of the entities mentioned in Annexure I to the Statement:
    1. Attention is drawn to the fact that the figures for the three months ended 31 March 2025 as reported in the Statement are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year had only been reviewed and not subjected to audit.
    1. 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 7 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.

BS R & Co. (a partnership fim, with Registration No. BA61 223) converted into B s R & Co. LLP (a Limited Liability Partnership with LLP Registration No. AAB-8 181) with effect from October 14, 2013 Registered Office:

14th Floor. Central B Wng and North C Wng, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East}, Mumbai - 400063 Page 1 of 4

Limited Review Report (Continued)

KPIT Technologies Limited

  1. We did not review the interim financial information of one Subsidiary included in the Statement, whose interim financial information reflects total revenues (before consolidation adjustments) of INR 2,099.02 million, total net profit after tax (before consolidation adjustments) of INR 266.19 million and total comprehensive income (before consolidation adjustments) of INR 266.19 million, for the quarter ended 30 June 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 have 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 th is matter.

For B S R & Co. LLP

Chartered Accountants

Firm's Registration No. : 101248W/W-100022

Digitally signed by SHIRAZ AZIZ SHIRAZ AZIZ VASTANI VASTANI Date: 2025.07.30 13:41 :37 +05'30'

Shiraz Vastani

Partner

Membership No.: 103334

UDIN:25103334BMOWJ9378

Jaipur 30 July 2025

BS R & Co. LLP

Limited Review Report (Continued) KPIT Technologies Limited

Annexure I

List of entities included in unaudited consolidated financial results.

Sr. No Name of component Relationsh ip
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 TDA. 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 (Thai land) Co., Limited Subsidiary
11 PathPartner Technology Private Limited Subsidiary
12 PathPartner Technology Inc. Subsidiary
13 PathPartner Technology GmbH (liquidated on 2 October 2024) Subsidiary
14 Samit Solutions Limited Subsidiary
15 Somit Solutions Inc. Subsidiary
16 KPIT Technologies SAS 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

Page 3 of 4

Limited Review Report (Continued)

KPIT Technologies Limited

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 Qorix GmbH Joint venture
26 Qorix India Private Limited Subsidiary of Joint
venture
27 N Dream AG Associate

KPIT TECHNOLOGIES LIMITED

Registered & Corporate Office : Plot- 17, Rajiv Gandhi lnfot ech 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 : L 74999PN2018PLC174192

PART I: STATEMENT OF UNAUDITED STANDALONE FINANC IAL RESULTS FOR THE QUARTER ENDED 30 JUNE 2025

l' in million (except per share data)
Particu Lars Quarter ended Year ended
30 June 2025 31 March 2025 30 June 2024 31 March 2025
(Unaudited) (Audited) (Unaudited) (Audited)
(Refer note 6)
Revenue from operations 5,684.36 25,639.34
Other income (Refer note 3, 4 and 5) 6,399.16
1,281.51
6,495.83
84.74
63.23 819.95
Total Income 7,680.67 6,580.57 5,747.59 26,459.29
Expenses
Cost of materials consumed - 1.99 0.57 7.96
Employee benefits expe nse 3,847.55 3,904.30 3,614.45 15,348.53
Finance costs 41.00 27.47 41.53 112.74
Depreciation and amortization expense 360.71 324.64 287.87 1,245.20
Net loss on investments carried at fair value through profit - - 1.66
and l oss
Other expenses (Refer note 3) 834.69 591.37 817.37 3,383.75
Total expenses 5,083.95 4,849.77 4,763.45 20,098.18
Profit before tax 2,596.72 1,730 .80 984.14 6,361.11
Tax expense
Current tax 328.40 395.45 276.37 1,587.24
Deferred tax (benefit)/charge (20.91) 14.21 (45.10} {44.51)
Total tax expense 307.49 409.66 231.27 1,542.73
Profit for the period/year 2,289.23 1,321.14 752.87 4,818.38
Other comprehensive income
(i) Items that will not be reclassified to profit or loss
A.
16.94 8 .91 (10.10) (29.87)
(ii) Income tax on items that will not be reclassified to
profit or loss
(5 .92) {3.11) 3.53 10.44
(i) Items that will be reclassified to profit or loss
B.
{610.95} {78.40} 80.64 (75.40}
(ii) Income tax on items that w ill be reclassified to 213.49 27.40 (28.18) 26.35
profit or loss
Total other comprehensive income/(loss), net of tax (386.44) (45.20} 45.89 (68.48)
Total comprehensive income for the period/year 1,902.79 1,275.94 798 .76 4,749.90
Paid-up equity share capital (face value of t 10 per share) 2,719.25 2,717.02 2,713.54 2,717.02
Other equity 16,801.58
Earnings per equity share (face value oft 10 per share)*
Basic 8.42 4.86 2.78 17.75
Diluted 8.36 4.83 2.76 17.62
*EPS are nor annualised for the interim periods.

Notes:

  • 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 30 July 2025. These unaudited standalone f inancial 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.
  • 2 The statutory auditors of the Company have conducted a limited review of the above unaudited standalone financial results of the Company for the quarter ended 30 June 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 Year ended
30 June 2025
(Unaudited)
31 March 2025
(Audited)
(Refer note 6)
30 June 2024
(Unaudited)
31 March 2025
(Audited)
Foreign exchange gain (net) included in other income 36.49 44.66 199.55
Foreign exchange loss (net) included in other expenses 124.32
  • 4 During the year ended 31 March 2025, the Company had recognised a one-time taxable gain of { 450.00 million 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 has received dividend of { 709.79 million and ~ 500.00 million from its whollyowned subsidiaries KPIT Technologies GK, Japan and Path Partner Technology Private Limited, India respectively.
  • 6 The figures for the quarter ended 31 March 2025 as reported in these financial results, are the balancing figures between the audited figures in respect of the full financial year and unaudited published year to date figures upto the end of the third quarter of the relevant financial year.
  • 7 Where financial results contain both consolidated financial results and standalone financial results of the parent, segment information is required to be presented only in th e consolidated financial results. Accordingly, segment information has been presented in the consolidated financial resu lts.
  • 8 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.

For and on behalf of the Board of Directors of KPIT TECHNOLOGIES LIMITED

S~a nkeka, P;~ent & Joint Managing Director DIN: 02918460

Place: Pune Date: 30 Jul 2025

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 standalone financial results of KPIT Technologies Limited for the quarter ended 30 June 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

    1. 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 June 2025 ("the Statement") (in which are included interim financial information from an Employee Stock Option Plan (ESOP) trust).
    1. 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.
    1. 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.
    1. Attention is drawn to the fact that the figures for the three months ended 31 March 2025 as reported in the Statement are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year had only been reviewed and not subjected to audit.
    1. 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

BS R & Co. (a partnership firm with Registration No. BA61223) converted into 8 s R & Co. LLP (a Limited Liability Partnership with LLP Registration No. AAB-818 1) with effect from October 14. 2013

14th Floor, Central B \Ning and North C Wing, Nesco IT Park 4. Nesco Center. Western Express Highway, Goregaon (East), Mumbai• 400063 Page 1 of 2

Registered Office:

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

SH I RAZ Aziz Digitally signed by VASTANI Date: 2025.07.30

Shiraz Vastani

13:41 :09 +05'30'

SHIRAZ AZIZ VASTANI

Partner Membership No.: 103334 UDIN:25103334BMOWl7184

Jaipur 30 July 2025

Page 2 of 2

KP 11·

July 30, 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,

Kin Attn: The Manager, Listing Department

Sub·ec : - Un-Audited fi nancial result s of KPIT Technologies Limited ("the Company") for the quarter ended June 30, 2025.

With reference to t he captioned subject, we wis h to submit that there is a difference of Rs. 22.1 8 million in the paid - up equity share capital of the Company as reported in the shareholding pat ern subm itted for the quarter ended June 30, 2025 (Rs. 2,741.43 million) and unaudited fin ancial results for the quarter ended June 30, 2025 (Rs. 2,71 9.25 million) on accou nt of elimination of shares held by KPIT Technologies Employees Welfare Trust (the "Trust') as the Company consolidates the financials of the Trust. The Tru st holds 2.21 million equity shares in the Company (total face value of Rs. 22.18 million Rs. 10/- per share) as on June 30, 2025.

Request yo u t o please take note of the sar e.

Thanking yo u.

Yours faithfully,

For KPIT Technologies Limited

Ashish Malhotra General Counsel & Company Secretary

0 +91 20 6770 6000 E [email protected]

w kpit.com