KPIT TECH Q2: EXPECTS KEY CLIENT REVENUE DECLINE TO BOTTOM OUT; US & INDIA PIPELINE IMPROVES

• Revenue Outlook: Maintained broadly stable revenue despite sharp business reductions from two of its largest clients • Client Recovery: Management expects revenue decline from these two major accounts to bottom out over the next couple of quarters • Client Diversification: Growth from existing and new customers largely offset weakness in major accounts • Order Pipeline: Significant improvement in business opportunities, supported by growing traction in the US and India • Growth Strategy: Focus on scaling emerging customer accounts and converting opportunities into executable programmes • Caresoft Integration: Strengthening capabilities in Vehicle Engineering and Manufacturing Consulting, creating new growth opportunities • AI Adoption: Accelerating AI integration across engineering, project delivery and internal operations to improve productivity and efficiency • Operational Efficiency: Focus on improving execution quality, delivery predictability and competitiveness • Long-Term Outlook: Management aims to build a diversified and resilient growth engine for sustainable expansion

KPIT TECHNOLOGIES LIMITED

← Back to feed