KPIT Technologies Ltd's Q3FY25 Quarter Results
- 30 Jan 2025
Result Summary
- KPIT Technologies Ltd reported a 1.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 17.4%.
- Its expenses for the quarter were down by 0.1% QoQ and up 16.0% YoY.
- The net profit decreased 8.2% QoQ and increased 19.3% YoY.
- The earnings per share (EPS) of KPIT Technologies Ltd stood at 6.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1497.44 | 1523.31 | 1275.75 | -1.7% | 17.4% |
Total Expenses | 1234.49 | 1235.90 | 1064.17 | -0.1% | 16.0% |
Profit Before Tax | 262.94 | 287.41 | 211.59 | -8.5% | 24.3% |
Tax | 69.59 | 79.37 | 54.83 | -12.3% | 26.9% |
Profit After Tax | 186.97 | 203.74 | 156.75 | -8.2% | 19.3% |
Earnings Per Share | 6.80 | 7.50 | 5.70 | -9.3% | 19.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
KPIT Technologies Ltd is a global technology company that focuses on providing IT solutions and services primarily to the automotive and transportation industries. The company is recognized for its expertise in automotive engineering, digital transformation, and software development services. KPIT's range of offerings includes product engineering, IT consulting, and business process outsourcing, which cater to a diverse clientele spread across various geographies. The company has consistently worked towards innovation and has been involved in several initiatives to enhance its technological capabilities. However, detailed information regarding recent major developments or strategic initiatives is not available from the provided data.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), KPIT Technologies Ltd reported a total income of ₹1497.44 crores. This represents a decrease of 1.7% compared to the previous quarter (Q2FY25), where the income was ₹1523.31 crores. However, on a year-over-year basis, the total income increased by 17.4% from ₹1275.75 crores in the same quarter of the previous year (Q3FY24). This YoY growth indicates a positive trajectory in revenue over the last year, despite the QoQ decline observed in the most recent quarter.
Profitability
For Q3FY25, KPIT Technologies Ltd recorded a Profit Before Tax (PBT) of ₹262.94 crores. This figure is an 8.5% decline from the ₹287.41 crores reported in Q2FY25. Nevertheless, when compared to Q3FY24, where the PBT was ₹211.59 crores, there is a notable increase of 24.3%. The Profit After Tax (PAT) for Q3FY25 stood at ₹186.97 crores, showing a decrease of 8.2% from ₹203.74 crores in Q2FY25 but an increase of 19.3% from ₹156.75 crores in Q3FY24. Earnings Per Share (EPS) for Q3FY25 was ₹6.80, down 9.3% from ₹7.50 in Q2FY25, but up 19.3% from ₹5.70 in Q3FY24. The tax expense for the quarter was ₹69.59 crores, which is 12.3% lower than the previous quarter but 26.9% higher than the same period last year.
Operating Metrics
Total expenses for KPIT Technologies Ltd in Q3FY25 were ₹1234.49 crores, which is a slight decrease of 0.1% compared to Q2FY25 when expenses were ₹1235.90 crores. On a year-over-year basis, expenses increased by 16.0% from ₹1064.17 crores in Q3FY24. The company's operational efficiency can be inferred from these figures, highlighting the balance between revenue growth and cost management over the reported periods. The consistent year-over-year growth in both income and expenses suggests ongoing investment in operations to support revenue generation.
