KPIT Technologies

STRAP: The total value of the acquisition will be around GBP 7.68 million (around Rs 75 crore)

Stocks to Watch today: Bajaj Finance, HDFC Life, Macrotech Developers, KPIT Technologies are among those slated to announce their Q4 earnings today.

Since November 1, 2021, the stock has zoomed 141 per cent after KPIT Technologies raised outlook for revenue and profit for the financial year 2021-22 (FY22)

The management had said the company is witnessing a robust demand environment resulting in strong order inflow and pipeline

LTTS has gained 7 per cent after the company was selected as an engineering partner by Mavenir and NVIDIA, to accelerate adoption of the industry's first converged AI-on-5G

The company said, for FY2022, revenue growth outlook increased to 18 per cent - 20 per cent, and Ebitda margin outlook raised to 17.5+ per cent.

In a Q&A, Kishor Patil, CEO and MD of the firm, also dwells on attrition and his company's initiatives to arrest it

Qualcomm is providing key 4G connected octa core android platform which provides connectivity, computing capabilities and enables rich immersive displays with power saving software

In the past four weeks, the BSE IT index has outperformed the market by surging 12 per cent, as compared to a 6.4 per cent rise in the S&P BSE Sensex

In a Q&A, Kishore Patil talks about growth drivers, impact of chip shortages on auto sector and acquisitions

Firm silent on attrition rate during the quarter, though it does see it rising before stabilising

In this interview, Pandit talks about the shift the auto sector is seeing due to the pandemic, the rising demand for autonomous vehicles, and KPIT's trajectory on global automakers' digital road map

The Pune-based IT services firm reported net profit of Rs 47 crore for the fourth quarter ended March 31, 2021 up 23.6 per cent year-on-year

The firm reported operating margin expansion by 150 bps due to improvement in utilization and offshore revenues

In the past one month, the stock has zoomed 49 per cent, as compared to 1.3 per cent decline in the S&P BSE Sensex

On March 10, Kishor Patil, the promoter of KPIT Technologies had sold 6.05 million equity shares, worth Rs 94 crore, of the company via block deals

Auto industry-focused IT firm KPIT Technologies on Thursday reported a marginal rise in December quarter net at Rs 42.9 crore as against Rs 40.9 crore in the year-ago period.

Tech firm KPIT Technologies on Wednesday posted a 22.5 per cent fall in its consolidated net profit to Rs 27.8 crore for the quarter ended September 2020. The company had reported a net profit (attributable to owners of the company) of Rs 35.9 crore in the year-ago period, KPIT Technologies said in a regulatory filing. Its revenue from operations declined 10.7 per cent to Rs 485.4 crore for the quarter under review as compared to Rs 544 crore in the year-ago period, it added. On sequential basis, net profit was higher by 15.8 per cent from Rs 24 crore, while revenue from operations was lower by 1.4 per cent from Rs 492.7 crore in the April-June 2020 quarter. "The revenue for the quarter was in line with our expectation and we delivered better on profitability," KPIT Co-founder, CEO and MD Kishor Patil said. Change in revenue mix helped grow volumes and the company expects offshoring to increase for a couple of quarters, he added. "Despite rupee appreciation, we increased operatin

As per the management's initial assessment, there will be significant impact in H1 of FY2021 while recovery is expected to commence from Q3FY21

21% dip in net profit to Rs 24.2 cr in Q1 was on expected lines as clients cut back on spends during the pandemic and the "worst is over for the company", small-sized tech player KPIT Technologies