KPIT Tech Q2 Results: Management hopes on better H2 and FY27; Stock gains 5%

Shares of KPIT Technologies Ltd. surged as much as 5% on Monday, November 10, in response to its September quarter results after the management expressed optimism that the second half of the current financial year, as well as financial year 2027 will be "better."

The company did not share any specific number for revenue growth or margins for the full year.

Revenue for the quarter increased by 3.2% from the previous quarter to ₹1,588 crore from ₹1,538.7 crore earlier.

The company's growth in US Dollar terms increased by 1.8% sequentially and 4.4% from the same quarter last year. In constant currency terms, revenue grew by 0.3% sequentially and 0.4% from last year.

Earnings Before Interest and Tax (EBIT), increased by 4% on a quarter-on-quarter basis to ₹246.2 crore from ₹237 crore in June.

EBIT margin for the quarter expanded by 10 basis points to 15.5% from 15.4% from the previous quarter.

EBITDA margin for the quarter stood at 20.2%. The management had earlier guided for margins to be at 21%, which was later withdrawn.

For KPIT Tech, its Americas business revenue declined to ₹442.4 crore from ₹456.9 crore in June.

Revenue from the key UK & European market increased to ₹828.3 crore from ₹726.8 crore in the previous quarter.

Rest of the World's revenue remained largely flat at ₹802.3 crore from ₹798.6 crore in the last quarter.

The company's guidance for the full year is awaited from the management.

Shares of KPIT Tech are trading 2.8% higher after the earnings announcement at ₹1,185.4. The stock is down 20% so far in 2025.