Connected vehicle wins, AI strengthen KPIT Q1 FY27 outlook
India, Aug. 4 -- KPIT Technologies has reported a subdued start to FY2026-27 as global automotive manufacturers continue to grapple with cost pressures, but the company said growing demand for connected vehicle software, software-defined vehicle (SDV) technologies, and Artificial Intelligence or AI-powered mobility solutions is expanding its order book and positioning it for stronger growth in the second half of the financial year.
For the quarter ended 30 June 2026, the automotive software and engineering company reported revenue of USD 176.8 million, representing 8.9% year-on-year growth in rupee terms and 0.1% growth in constant currency, while constant currency revenue declined 3.6% sequentially.
EBITDA margin stood at 17.2%, EBIT m...
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