KPIT Technologies Reports Strong Q3 FY24-25 Results, Indicating Robust Operational Performance

Jan 29 2025 02:34 PM IST
share
Share Via
KPIT Technologies announced its financial results for Q3 FY24-25, reporting net sales of Rs 1,477.96 crore, the highest in five quarters. Operating profit peaked at Rs 312.21 crore, while profit before tax reached Rs 237.08 crore. The company also noted a 31.92% year-on-year growth in profit after tax.
KPIT Technologies, a prominent player in the IT software industry, recently announced its financial results for the quarter ending December 2024. The company reported a notable performance in Q3 FY24-25, with net sales reaching Rs 1,477.96 crore, marking the highest figure in the last five quarters. This upward trend in sales has been consistent, indicating a robust near-term outlook.

Operating profit also saw a peak at Rs 312.21 crore, reflecting a similar positive trajectory over the past five quarters. Profit before tax, excluding other income, reached Rs 237.08 crore, again the highest in the same timeframe, showcasing a strong operational performance.

On a half-yearly basis, profit after tax stood at Rs 390.72 crore, demonstrating a year-on-year growth of 31.92%. The operating profit margin improved to 21.12%, highlighting enhanced efficiency within the company. Additionally, the debtors turnover ratio was recorded at 8.29 times, indicating that KPIT Technologies has been effective in managing its receivables.

Despite these positive indicators, the stock's evaluation has undergone an adjustment, with the score reflecting a change from 22 to 19 over the past three months.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
Why is Chandan Healthca falling/rising?
18 minutes ago
share
Share Via
Why is KRN Heat Exchan falling/rising?
18 minutes ago
share
Share Via
Why is Solarium Green falling/rising?
18 minutes ago
share
Share Via
Why is Gajanand Inter. falling/rising?
18 minutes ago
share
Share Via
Why is Sahasra Electro. falling/rising?
19 minutes ago
share
Share Via
Why is Globale Tessile falling/rising?
19 minutes ago
share
Share Via
Why is AWFIS Space falling/rising?
19 minutes ago
share
Share Via