KPIT Tech Q2 Results: Stock gains after revenue growth, steady margins; Guidance awaited

Shares of KPIT Technologies Ltd. surged as much as 2% on Monday, November 10, in response to its September quarter results.

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

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 The management had earlier guided for margins to be at 21%, which was later withdrawn.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.