KPIT posts Rs 155 crore net profit for Q3 FY2024

Pune-headquartered KPIT Technologies, an independent software integration partner to the automotive and mobility ecosystem has announced its financial results for Q3 FY2024.

The company’s revenue came at Rs 1,256 crore, up 37 percent YoY and net profit came at Rs 155 crore, up 50.64 percent YoY.

The revenue growth was led by demand for powertrain, autonomous, and connected domains, with the growth led by passenger vehicles in Europe and Asia.