KPIT reports net profit growth of 11.9 percent sequentially and USD revenue growth of 6.8 percent sequentially in Q4 FY2020-21

印度浦那 | 28^第 April 2021 | NSE: KPITTECH BSE: 542651: KPIT, a leading independent software development and integration partner to the automotive and mobility industry announced financial results for Q4 FY 2020-21 today.

KPIT reported USD Revenue growth of 6.8% sequentially and net profit growth of 11.9% sequentially in Q4 FY2020-21.

Q4 FY21 performance overview

• Q4FY21 EBITDA at 17.2% as compared to 15.7% last quarter.
• Net Profit for the quarter at ₹467.5 million as against ₹418 million last quarter
• Q4FY21 reported revenue at USD 74.48 million, a CC growth of 5.1% Q-o-Q
• Net Cash as at the quarter end stood at ₹8,224 Million as compared to ₹6,295 last quarter, ZERO DEBT

Q4 FY21 performance Highlights

• Sequential growth of 6.8% led by Connected Vehicles and Autonomous Driving. Full-fledged execution started on all large engagements won earlier.
• Operating Margin (EBITDA) expansion of 150 bps despite rupee appreciation. Improvement in utilization, offshore revenues and revenue growth helped expand margins
• Sequential net profit growth of ~12% despite higher forex conversion loss due to rupee appreciation. Lower depreciation and higher yields on cash during the quarter
• High cash conversion continues with DSO at 54 days. 9^第 净现金连续季度增长

Commenting on the performance of FY21, Ravi Pandit, Co-founder and Chairman, KPIT said,” FY21 was a challenging year in many ways and I am happy on the way we have emerged stronger. The mobility industry is embracing new engineering technologies with open arms and KPIT is proud to be at the forefront of these adaptions. KPIT’s leading positioning in this technology-led transformation gives us good business visibility over the next 4-5 years”.

Kishor Patil, Co-founder, CEO and MD, KPIT said,” We have delivered consecutive quarters of good growth and margin expansion. KPIT teams, globally, have done an exceptional job on delivering these numbers. We are assertive of the growth trajectory and feel fairly confident of delivering double digit growth in FY22. We continue to focus on people development, operational efficiency and productivity improvement”.

Sachin Tikekar, President and Whole-time Director, KPIT said,” During the year our focus was on upholding commitments to our clients and keeping our employees safe. We continue to deepen our strategic client engagements and focus on further enhancing our practices with relevant technology investments to make our clients successful in their technology roadmaps. Longer strategic client engagements give us good growth visibility for the medium term”.

Investor Update Q4 FY2020-21 – Download Here – https://www.kpit.com/investors/#policies-reports-filings

关于KPIT：

KPIT是一家全球性技术公司，致力于提供软件解决方案，助力出行领域跨越式发展，迈向自动驾驶、清洁出行、智能互联的未来。KPIT在全球拥有6000多名汽车行业专家，专注于嵌入式软件、人工智能和数字化解决方案，帮助客户加速部署下一代出行技术。KPIT在欧洲、美国、日本、中国、泰国和印度设有研发中心，与出行领域的领军企业携手合作，积极参与行业生态系统的转型变革。.

更多详情请访问 www.kpit.com

联系方式:

媒体：

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
市场总监 | sunil.r@www.kpit.com

投资者：

苏尼尔-范萨尔卡

投资者关系主管 | Sunil.Phansalkar@www.kpit.com

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