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Kishor Patil

KPIT net profit up 54.6% at INR 155.3 cr in Q3 FY24; bets on CV segment for growth, ET Auto

Talking about the company's plans for FY25 Tikekar mentioned adding 2-3 clients in its portfolio.New Delhi: KPIT Technologies recorded net profit growth of 54.6% Y-o-Y at INR 155.3 crore and EBITDA growth at 52.2% Y-o-Y for Q3 FY24. The revenue from operations for Q3 FY24 stood at INR 1256.9 crore against INR 1199.1 crore in Q2 FY24, the company said. The management of KPIT Technologies have disclosed that at present 20% of the company’s revenue is coming from the

How tech cos leverage the opportunity to stay ahead, ET Auto

So big is the role of softwarisation in the automotive industry that the OEMs’ spending in this area is expected to grow 9% year-on-year, according to Kishor Patil, founder, CEO & MD of KPIT Technologies.New Delhi: A few decades ago, if someone said cars could dance to the tune of a Bollywood song, it would have been dismissed as a joke about a toy car. But early this year, the world saw Tesla cars dancing and syncing their headlights to the tune of the famous Naatu