KPIT Technologies Reports Q1 FY26 Results
Mumbai: KPIT Technologies, a global leader in building mobility solutions, announced its financial results for Q1 FY26. The company reported revenues of $178 million, reflecting a year-over-year growth of 7.8% and a modest sequential rise of 0.3%. In rupee terms, the company achieved a 12.8% year-over-year revenue growth.
The company maintained a stable EBITDA margin of 21%, showcasing its operational efficiency. EBIT stood at 17%, marking the 20th consecutive quarter of growth. New deals worth $241 million in Total Contract Value (TCV) were won during Q1 FY26, highlighting client confidence in KPIT’s tech solutions.
KPIT is consistently progressing in creating innovative mobility-specific AI ‘Specialized Learning Models’. The company’s mobility-infused AI solutions are creating value for strategic clients and clear differentiators for KPIT. KPIT Solutions in terms of Full Validation Suite, Reference Architecture, Benchmarking, and Cost Reduction and Middleware are already being deployed and have significant upward potential.
Kishor Patil, Co-founder, CEO, and MD of KPIT, said, “The performance of Q1 FY26 is in line with our expectations, and despite macro challenges, we have maintained our EBITDA margins.” He added that the company is confident of growth in H2, led by T25 clients and expects to have growth momentum as it exits the year.
Sachin Tikekar, Co-founder and Joint MD of KPIT, emphasized the company’s progress in creating innovative mobility-specific AI solutions, which are creating value for strategic clients and clear differentiators for KPIT.
KPIT expects to drive growth in the second half of FY26, fueled by its T25 clients and robust deal pipeline. The company’s focus on mobility-infused AI solutions and strategic partnerships positions it well for future growth. With a strong foundation and confidence in its growth prospects, KPIT is poised to navigate the challenges and opportunities in the mobility industry.
