Mumbai: Pune-based mobility solutions provider KPIT Technologies reported a 15.8% fall in net profit to Rs.172 crore in Q1FY26 from Rs.244 crore in the same period last year. Despite this, the company’s revenue has risen 12.8% from Rs.1,364 crore in Q1 FY25 to Rs. 1,538 crore this time.
Despite the fall in net profit, the company has seen robust deal wins this quarter to $241 million from $202 million from the same quarter last year.
Kishor Patil, Co-founder, CEO and MD, KPIT said, “The performance of Q1FY26 is in line with our expectations and despite macro challenges, we have maintained our EBITDA margins. The mobility industry is going through a lot of fluctuations with geopolitical and tariff-led uncertainties. We believe these will settle down in a quarter. We are continuously reimagining ourselves to enhance our positioning as a global leader, driven by investments in building Solutions, backed by our Platforms, Tools and Accelerators (PTAs) to help our T25 clients get to the market faster with reliability at much lower cost. Apart from our current clients and markets, which forms a major part of our business, we see opportunities in working on India for India Solutions to help our clients address and establish India specific products. We are optimistic about China as well. We are confident of growth in H2, led by T25 clients and expect to have growth momentum as we exit the year. ”
KPIT Technologies has been a leading global player in the automotive and mobility ecosystems with its engineering, research and development solutions. It currently employs over 12,000 professionals globally with a presence in India, Europe, US, Japan, China and Thailand.
