KPIT reports Q1 FY23 revenue growth of 23 percent Y-O-Y and Net Profit growth of over 41 percent Y-O-Y

印度浦那 | 26^第 July 2022 | NSE: KPITTECH BSE: 542651: KPIT, a leading partner for developing software defined vehicles to the automotive and mobility industry announced financial results for Q1 FY23 results today.

性能概述

• Q1 FY23 Revenue
  • CC Revenue Growth of 23% Y-o-Y, 6.0% Q-o-Q
  • $ Revenue Growth of 16.4% Y-o-Y and 3.2% Q-o-Q
• Operating margins
  • Q1FY23 EBITDA at 19.4% against 18.6% last qtr.
  • Y-o-Y EBITDA growth of 35.7%, 9.7% Q-o-Q
• Q1 FY23 profit
  • Net Profit at ₹ 854 million
  • Net Profit growth of 41%+ Y-o-Y, 8.3% Q-o-Q
• 新的订婚
  • New wins continue to be stronger
  • TCV of $ 155 million won during the quarter

精彩表现

• Sequential CC growth of 6% led by Electric Powertrain and architecture and middleware domains. Growth steered by passenger car vertical. Higher cross currency impact due to Euro, GBP and Yen depreciation against the INR.
• EBITDA expansion of 80 bps despite supply side constraints, fresher additions and cross-currency headwinds. Operating efficiency, net realization improvement and revenue growth leading to consistent improvement in margins
• Healthy growth in net profit aided by improvement in operating margins and higher other income. ETR for the quarter higher as compared to last quarter, as a result of one-time benefit last quarter.
• High cash conversion continued post acquisition payout, with DSO at 46 days. Net Cash at quarter end ₹ 10.6 billion. 14^第 consecutive quarter of increase in net cash and healthy cash conversion

TCV of Total engagements won during Q1 FY23 : $ 155 million

Commenting on the performance of Q1 FY 23

KPIT联合创始人、首席执行官兼董事总经理Kishor Patil表示：,

“The vehicle manufacturers are aiming to earn revenues over the life of the vehicle for sustainable growth. This change will be enabled by CASE and centralized architecture programs, essentially Software Driven Vehicles. KPIT is uniquely positioned as a software integrator, helping global OEMs accelerate this journey. We have started the year on a positive note with an all-round performance, with growth in-line with our plan  and healthy margin expansion, despite cross-currency headwinds. We remain optimistic on the overall growth environment”.

KPIT总裁兼联合董事总经理Sachin Tikekar表示：,

It has been our goal to uphold all our client commitments and help our clients become successful, by leveraging technology. This relentless focus on our strategic clients continues to yield great results, resulting in larger, strategic engagements. Supply side pressures continue to persist, albeit at an eased pace. We have nurtured the existing partnerships and formed new ones with global universities to help attract global talent and aid retention by enabling career growth opportunities to our employees, with focused educational programs”.

关于KPIT：

KPIT Technologies 是汽车和出行生态系统的全球合作伙伴，致力于将软件定义汽车变为现实。作为领先的独立软件开发和集成合作伙伴，KPIT 助力出行领域跨越式发展，迈向清洁、智能、安全的未来。KPIT 在全球拥有 10,000 名汽车行业专家，专注于嵌入式软件、人工智能和数字化解决方案，加速客户部署面向未来的下一代出行技术。KPIT 在欧洲、美国、日本、中国、泰国和印度设有工程中心，与汽车和出行领域的领导者携手合作，积极参与生态系统的转型变革。.

更多详情请访问 www.kpit.com

媒体联系人

莫希特·科查尔

全球市场营销主管 | mohit.kochar@www.kpit.com

苏尼尔·拉维什

市场营销总监 | 媒体关系 | sunil.r@www.kpit.com

阿迪亚·蒂瓦里

古腾堡团队 | aditya@thegutenberg.com

投资者关系

苏尼尔-范萨尔卡

投资者关系主管 | sunil.phansalkar@www.kpit.com

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