• Growth driven by Trucks and Off-Highway segments, US and India geos, and Connected and Aftersales domains
  • Beacon – KPITs Mobility Intelligence Product is strengthening strategic relevance with clients
  • Healthy growth in Products and Solutions

Pune, India | 28th October 2026 | NSE: KPITTECH BSE: 542651: KPIT Technologies, a global leader in building mobility solutions for a cleaner, smarter, and safer world, announced financial results for Q2 FY27 today.

Performance overview:

  • Q2 FY27 Revenues, EBITDA and PAT
    • Revenue stood at $176.8mn
    • Q2FY27 ₹ YoY Growth of 6.5%
    • Q2FY27 YoY CC Revenue growth of 0.2%
    • Q2FY27 YoY $ Revenue decline of 2.2%
    • Q2FY27 EBITDA at 17.8%, expansion of 60bps from Q1FY27
    • Q2FY27 EBIT at 12.7%
  • Broad Based Growth : Growth driven by Trucks and Off-Highway segments, US and India geos, and Connected and Aftersales domains helped offset ~13% revenue decline on YoY basis in Top 2 accounts
    • TCV of new engagements won during Q2FY27 : $ 213 million

Commenting on the performance of Q2FY27

Kishor Patil, Co-founder, CEO and MD, KPIT said,

“The mobility industry continues to navigate major shifts in technology priorities, investment cycles and business models. While some OEMs are recalibrating programs in response to near-term pressures, the structural need for software-led innovation, greater efficiency and faster time-to-market remains strong. Our Q2 FY27 performance is in line with expectations and reflects the early impact of our renewed strategy. We are seeing broadening opportunities across Passenger Vehicles, Off-Highway and Trucks segments. Our offerings in Connected Vehicles and Aftersales are gaining traction, while Beacon, KPIT’s Mobility Intelligence product, is strengthening our strategic relevance with clients. Our AI-led approach is helping clients address evolving priorities via differentiated solutions, improved productivity and measurable business outcomes. We believe these shifts create significant opportunities for KPIT. Our expanding capabilities, broadening market presence and AI-powered offerings position us well for sustainable medium-term growth and margin expansion.”

Sachin Tikekar, President and Joint MD, KPIT said,

“Our priority has been to build a more diversified and resilient growth engine, and we are seeing tangible results. Despite a sharp reduction in business from two of our largest clients, growth across several other existing and new clients has enabled us to largely offset the impact and maintain a broadly stable revenue base. We expect the decline in these two accounts to bottom out over the next couple of quarters. Operationally, our focus is on scaling emerging accounts, converting opportunities into executable programs, and improving the quality and predictability of delivery. We have seen a marked improvement in our pipeline, supported by growing traction in US and India. The Caresoft integration is strengthening our capabilities in Vehicle Engineering and Manufacturing Consulting, creating new opportunities. We are also accelerating the adoption of AI across engineering, delivery and internal operations to enhance productivity, speed and competitiveness. With sharper execution, greater account diversification and an increasingly aligned organization, we are building a stronger foundation for sustainable growth.”

About KPIT:

KPIT is Reimagining Mobility to create a cleaner, smarter and safer world. Working closely with mobility leaders, group companies and ecosystem partners, KPIT helps the industry continuously reinvent products, experiences and business models in an era shaped by software and AI.

For over 25 years, KPIT has combined deep mobility expertise with software, AI, systems engineering and product innovation to build the mobility intelligence and engineering excellence that help automotive and mobility leaders navigate complexity, accelerate transformation and differentiate faster.

With experience across 2,000+ vehicle production programs and software powering 20+ million vehicles globally, KPIT brings together proven execution and innovation at scale. Its solutions help OEMs reduce complexity, accelerate transformation and deliver intelligent, trusted and continuously evolving mobility experiences for mobility consumers around the world.

For more details visit www.kpit.com

MEDIA CONTACTS

Mohit Kochar

Chief Marketing Officer  | mohit.kochar@kpit.com

Sunil Ravish

Sr.Director , Marketing | Media Relations  | sunil.r@kpit.com

Arjundas M P

Team Adfactors PR | arjundas.mp@adfactorspr.com

 

INVESTOR RELATIONS

Sunil Phansalkar Head, Investor Relations | sunil.phansalkar@kpit.com

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