KPIT Technologies Ltd - 542651 - Company Updates:- KPIT - Constant Currency Model
Please find attached the presentation on KPIT - Constant Currency Model. Request you to please take the same on your record and further dissemination.01-02-2023
01-02-2023
Q3FY23 Quarterly Result Announced for KPIT Technologies Ltd.
IT consulting & software firm KPIT Technologies announced Q3FY23 results: Q3FY23: Q3FY23 Revenue Growth of 31.9% YoY, 17.3% QoQ. Q3FY23 Revenue Organic CC Growth of 24.6% YoY and 4.9% QoQ. Q3FY23 Net Profit at Rs 1,005 million.Net Profit growth of 43.5% YoY and 20.4% QoQ. Q3FY23 EBITDA at 18.5%. EBITDA growth of 47.7% YoY and 22.9% QoQ. Engagements & Outlook on track to beat FY23 growth outlook TCV of US$ 272 million won during the quarter. Higher other income to the tune of ~ Rs 90 million (Rs 185 million in Q3FY23 vs Rs 95 million in Q2FY23) on account of translation related foreign exchange gains resulting mainly from strong rupee depreciation against the Euro and GBP Net Cash at the quarter end stood at Rs 6.75 billion post Acquisition related payout of Euro 60 Million which was done solely through internal accruals. DSO stood at 51 days. Interim Dividend of Rs 1.45 per share declared. Kishor Patil, Co-founder, CEO and MD, KPIT said,” KPIT’s focus over the last 20+ years on the Mobility Industry is resulting in consistent growth and robust medium-term visibility. Q3FY23 performance has been better than expectations. Our performance, coupled with a healthy pipeline and demand driven by client investments in Software Defined Vehicles, gives us the confidence of beating our FY23 growth outlook. We are pleased to have the Technica family on board KPIT and contemplate scaling greater heights together. These are exciting times, and we look forward to sustainable profitable growth in the medium term.” Sachin Tikekar, President and Joint MD, KPIT said,” Our engagements with Strategic Clients are progressively becoming more pertinent and partnership oriented. We are committed to investments in new-age technologies, relevant to the Mobility Industry, to further strengthen our solutions for accelerating the transformation journey of our clients. Our attention is on ensuring successful delivery of large complex engagements, that are also critical to the success of our clients. The employee turnover has shown a declining trend over last 2 quarters. We expect this trend to stay, going forward. We continue to focus on attraction, development and retention of relevant talent, across the globe.” Result PDF01-02-2023
KPIT Technologies Ltd - 542651 - Announcement under Regulation 30 (LODR)-Dividend Updates
In continuation to our earlier intimation on January 23, 2023, we wish to inform you that the Board of Directors at its meeting held on January 31, 2023, has approved the payment of an Interim Dividend of Rs. 1.45/- (Rupees one and forty-five paisa only) (14.5%) per Equity Share of Rs. 10/- each for the Financial Year 2022-23. Record date : February 10, 2023 (for the purpose of determining the entitlement of the members for payment of interim dividend)31-01-2023
KPIT Technologies Ltd - 542651 - Announcement under Regulation 30 (LODR)-Investor Presentation
Dear Sir / Madam, Please find enclosed the investor Update - Q3 FY 2023. Kindly take the same on your records.31-01-2023
KPIT Technologies Ltd - 542651 - Corporate Action-Board approves Dividend
Dear Sir / Madam, In continuation to our earlier intimation on January 23, 2023, we wish to inform you that the Board of Directors at its meeting held on January 31, 2023, has approved the payment of an Interim Dividend of Rs. 1.45/- (Rupees one and forty-five paisa only) (14.5% ) per Equity Share of Rs. 10/- each for the Financial Year 2022-23. The Record Date : Friday, February 10, 2023 (for the purpose of determining the entitlement of the members for payment of interim dividend)31-01-2023
KPIT Technologies Ltd - 542651 - We Wish To Inform You That The Board Of Directors Of The Company, At Its Meeting Held Today Through Video Conferencing, Inter-Alia, Has Approved The Unaudited Standalone Financial Results And Consolidated Financial Results For The Quarter And Nine-Months Ended December 31, 2022.
We wish to inform you that the Board of Directors of the Company, at its meeting held today through video conferencing, inter-alia, has approved the following: 1. Unaudited Standalone Financial Results and Consolidated Financial Results for the quarter and nine-months ended December 31, 2022. 2. Interim Dividend of Rs.1.45/- per equity share (i.e.14.5 %) of face value of Rs. 10/ each, for the financial year 2022-23, to be paid to the members of the Company within stipulated time from the declaration by the Board, as per the provisions of Companies Act, 2013, and the Rules made thereunder. The Record Date : Friday, February 10, 2023 (for the purpose of determining the entitlement of the members for payment of interim dividend) Unaudited Standalone Financial Results and Consolidated Financial Results for the quarter and nine-months ended December 31, 2022, along with Limited Review Reports thereon and Investor Update are being sent separately. Kindly take the same on your records.31-01-2023
KPIT Technologies Ltd - 542651 - Board Meeting Outcome for Outcome Of The Board Meeting Held On January 31, 2023
We wish to inform you that the Board of Directors of the Company, at its meeting held today through video conferencing, inter-alia, has approved the following: - 1. Unaudited Standalone Financial Results and Consolidated Financial Results for the quarter and nine-months ended December 31, 2022. 2. Interim Dividend of Rs.1.45/- per equity share (i.e.14.5 %) of face value of Rs. 10/ each, for the financial year 2022-23, to be paid to the members of the Company within stipulated time from the declaration by the Board, as per the provisions of Companies Act, 2013, and the Rules made thereunder. The Record Date : Friday, February 10, 2023 (for the purpose of determining the entitlement of the members for payment of interim dividend) Unaudited Standalone Financial Results and Consolidated Financial Results for the quarter and nine-months ended December 31, 2022, along with Limited Review Reports thereon and Investor Update are being sent separately. Kindly take the same on your records.31-01-2023
KPIT Technologies Ltd - 542651 - Announcement U/R 30 - Grant Of 41,000 Options To The Eligible Employees Of The Company Under The ''KPIT Technologies Limited - Employee Stock Option Scheme 2019A'' Of The Company
Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, this is to inform you that the Nomination and Remuneration (HR) Committee of the Board of Directors of the Company ('Committee') in its meeting held on January 31, 2023 has considered and approved : Grant of 41,000 Options to the eligible employees of the Company under the ''KPIT Technologies Limited - Employee Stock Option Scheme 2019A'' ("ESOS 2019A"/ "Scheme"/ "KPIT ESOS") of the Company.31-01-2023
KPIT Technologies Ltd - 542651 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
We wish to inform you that, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Post Earnings Conference Call of the Company is scheduled on Wednesday, February 01, 2023 at 1700 Hrs. The details of the said call are enclosed to this letter. Details of the Post Earnings Conference Call will be also published on the Company''s website in due course. Kindly take the same on your records.27-01-2023
KPIT Technologies Ltd - 542651 - Intimation Of Record Date For Payment Of Interim Dividend For Financial Year 2022-23 Will Be Friday, February 10, 2023.
In continuation to our intimation dated January 23, 2023 and pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Company has fixed Friday, February 10, 2023 as the Record Date for the purpose of determining the entitlement of the members for payment of interim dividend, if declared by the Board of Directors in their meeting scheduled to be held on Tuesday, January 31, 2023. As intimated earlier vide letters dated December 22, 2022, and January 23, 2023, the trading window closure period has commenced from January 01, 2023, and will end 48 hours after the declaration of Unaudited Financial Results for the quarter and nine-months ended December 31, 2022.24-01-2023