KPIT Technologies Limited reported earnings results for the second quarter and six months ended September 30, 2024. For the second quarter, the company reported sales was INR 14,714.13 million compared to INR 11,991.57 million a year ago. Revenue was INR 15,233.12 million compared to INR 12,086.23 million a year ago. Net income was INR 2,037.45 million compared to INR 1,408.54 million a year ago. Basic earnings per share from continuing operations was INR 7.51 compared to INR 5.2 a year ago. Diluted earnings per share from continuing operations was INR 7.45 compared to INR 5.16 a year ago.
For the six months, sales was INR 28,360.43 million compared to INR 22,967.79 million a year ago. Revenue was INR 29,377.29 million compared to INR 23,247.24 million a year ago. Net income was INR 4,079.05 million compared to INR 2,748.52 million a year ago. Basic earnings per share from continuing operations was INR 15.03 compared to INR 10.15 a year ago. Diluted earnings per share from continuing operations was INR 14.92 compared to INR 10.06 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.
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