KPIT TECHNOLOGIES : Q1FY27 PERFORMANCE AND OUTLOOK UNCERTAIN DUE TO OEM ACTIONS

• KPIT expects Q1FY27 financial performance to be lower than previously expected due to a sudden drop in revenues in the last few weeks. • A decline of approximately 1% in USD reported revenues for Q1FY27 is expected compared to Q1FY26 (YoY), primarily due to actions by some European OEMs following their profit warnings. • Operating profitability (EBITDA Margin) and Net Profit Margin for Q1FY27 are projected to decline sequentially, disproportionately higher than the revenue decline. • Despite an unsatisfactory H1FY27 performance, KPIT remains confident in its ability to achieve sustainable, profitable growth in the second half of the fiscal, with strong sequential quarterly growth in Q4FY27. Impact: Fundamentals of the business remain strong, with confidence in future growth for FY28 and beyond.

KPIT Technologies Limited

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