KPIT Technologies reports strong FY25 growth, proposes dividend
KPIT Technologies announced its FY25 results, showcasing robust performance with revenue reaching USD 691 million, a 18.7% increase in constant currency terms. The company's EBITDA margin stood at 21.0%, while net profit surged to INR 8,396 million, a 41.2% year-over-year increase.
The Board has proposed a final dividend of INR 6 per equity share, in addition to an interim dividend of INR 2.50 per equity share already declared. This brings the total payout to INR 2,330.20 million, including dividend distribution tax.
Other key highlights included a collaboration with Mercedes-Benz Research and Development India (MBRDI) to accelerate their journey toward Software-Defined Vehicles (SDVs) and Qualcomm joining Qorix, a joint venture between KPIT and ZF, as a strategic shareholder. The company expects to operationalize breakthrough Sodium-Ion Battery Technology with Trentar Energy Solutions and develop electric powertrain components for EKA Mobility. KPIT targets to achieve Net Zero carbon footprint by 2030.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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