KPIT Reports 21st Consecutive Quarterly Growth with $232 Mn in New Deals

KPIT Technologies Ltd reported its 21st consecutive quarter of growth in Q2 FY26, with revenues of $181 million and an EBITDA margin of 21.1%. 

Headquartered in Pune, KPIT is a global software and engineering company specialising in mobility solutions, focused on developing software- and AI-defined vehicle technologies.

The company posted a 7.9% year-on-year (YoY) revenue growth in rupee terms and 4.4% in dollar terms, alongside a 1.8% sequential increase.

Kishor Patil, co-founder, CEO and MD of KPIT Technologies, said that the company’s strategic investments, including the closure of the Caresoft Engineering Solutions Business acquisition in Q2, the stake increase in NDream, and the investment in helm.ai in Q3, were strengthening its foundation and expanding its capabilities.

He said that a commitment to delivering value to clients globally is being maintained, with significant investments made in AI-led technologies, adjacencies in mobility, and new markets to ensure sustainable growth in the medium term.

During the quarter, KPIT closed new engagements worth $232 million in total contract value (TCV), underscoring sustained client confidence and continued expansion in software-defined vehicle (SDV) programs.

The company also announced a long-term, multi-million-dollar strategic partnership with a leading European OEM group to accelerate the rollout of next-generation mobility technologies. 

The engagement spans key vehicle domains including infotainment, propulsion, vehicle engineering, body and chassis, middleware, and cloud systems. 

KPIT’s proprietary platforms, tools, accelerators, and AI-powered enhancements will play a central role in driving scale, speed, and efficiency across the program.

Sachin Tikekar, co-founder and joint MD, added that KPIT’s trusted partnerships with clients are continuing to deepen as they are being helped to navigate an evolving business landscape. 

He said that the consolidation of recent acquisitions and investments in talent and AI upskilling are enabling quicker responses to client needs and the delivery of innovative solutions at scale.

He said that investments are being made to transform the business from services to solutions aimed at solving client problems faster, cheaper, and better. 

The company said that returns from investments in adjacencies have begun to materialise, resulting in the winning of strategic engagements and the creation of reliable partnerships.

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