KPIT Technologies Limited reported earnings results for the third quarter and nine months ended December 31, 2024. For the third quarter, the company reported sales was INR 14,779.58 million compared to INR 12,569.62 million a year ago. Revenue was INR 14,974.35 million compared to INR 12,757.53 million a year ago. Net income was INR 1,869.7 million compared to INR 1,553.31 million a year ago. Basic earnings per share from continuing operations was INR 6.89 compared to INR 5.73 a year ago. Diluted earnings per share from continuing operations was INR 6.83 compared to INR 5.69 a year ago.
For the nine months, sales was INR 43,140.01 million compared to INR 35,537.41 million a year ago. Revenue was INR 44,351.64 million compared to INR 35,973.74 million a year ago. Net income was INR 5,948.75 million compared to INR 4,301.83 million a year ago. Basic earnings per share from continuing operations was INR 21.92 compared to INR 15.89 a year ago. Diluted earnings per share from continuing operations was INR 21.76 compared to INR 15.75 a year ago.
KPIT Technologies Limited is an India-based independent software development and integration company. The Company provides embedded software for the automobile and mobility industry. Its solutions and services include Autonomous Driving and Advanced Driver Assistance System (ADAS); Conventional and Electric Powertrain; Cockpit; Body Electronics; Chassis; Common Middleware for new-age E/E Architectures; Cloud and Connectivity; Edge Analytics and Data Management; Virtual Engineering; Vehicle Engineering and Design; Integrated Diagnostics & Aftersales Transformation (iDART), and Vehicle Diagnostics and Aftersales Transformation. The Company provides comprehensive solutions for vehicle body and gateway from concept development to maintenance for current and next generation programs. Its iDART platform facilitates the development and validation of diagnostic functions and offers transformative and scalable solutions for after-sales service, maintenance and repair.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.