KPIT’s Q1 FY 2019-20 results are out, we have posted industry leading growth and improved profitability!
Here is a commentary from our leaders on the results:
Ravi Pandit, Co-founder, Chairman and Group CEO, said ”Software growth in Automotive and Mobility will comprehensively outpace the vehicle sales growth in the coming years. The mobility world is embracing software faster than ever before and we believe, we have an exciting and larger role in the mobility ecosystem, in the coming years”
Kishor Patil, Co founder, CEO and MD said, ”We have started the new year on a positive note with industry leading revenue growth and improved profitability. We continue to sharpen the focus on our verticals and practices. We remain committed to growth and profitability improvement and are confident of maintaining the momentum for the remainder of the year”
Sachin Tikekar, President and Whole time Director, said, “We experienced greater traction in our strategic accounts with more than 90 of the growth driven by these accounts. We continue to invest in new technologies and Global Development Centers to address the numerous
opportunities of growth in our focus areas of Automotive and Mobility”
KPIT’s Q1 FY 2019-20 Results Download Here