KPIT Technologies Q1FY24 Results: Consolidated PAT of Rs. 133.99 Cr

KPIT Technologies Q1FY24 Results: Consolidated PAT of Rs. 133.99 Cr

KPIT Technologies Q1 results show revenue up from 1023.627 crores to 1119.130 crores, a 9.33% increase in growth. EPS rise from ₹4.09 to ₹4.91, up by 20.05%.

First, Let’s Begin with Quarter-on-Quarter Basis:

KPIT Technologies shared its Q1 results on Tuesday. They earned 1119.130 crores in revenue this quarter, but that’s more than the 1023.627 crores they made last quarter. The company’s growth increased by 9.33 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 133.99 crores, up from 111.60 crores in the previous quarter. Their quarter-to-quarter growth increased by 20.07 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹4.91, which is an increase of 20.05% from the ₹4.09 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 1119.130 crores this year (2023), which is 59.51 percent higher than last year’s total revenue of 701.62 crores.

This year’s PAT (Profit After Tax) is 133.99 crores, which is also 56.85% higher than last year’s PAT of 85.428 crores.

The EPS (Earnings Per Share) for this year is ₹4.91, which is 56.87% more than the EPS of ₹3.13 earned last year.

Also Read: Asian Paints Q1FY24 Results: Consolidated PAT Rises to Rs. 1550.37 Cr

KPIT Technologies Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About KPIT Technologies :

KPIT Technologies Limited is an Indian multinational corporation offering embedded software and product engineering services to automotive companies. Operating under the name KPIT, the company is headquartered in Pune and boasts development centers in Europe, the USA, Japan, China, and India.

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