KPIT Technologies Q4 Results Live : profit rise by 47.27% YOY
KPIT Technologies Q4 Results Live : KPIT Technologies announced their Q4 results on 29 Apr, 2024, showcasing a strong performance. The company reported a 29.53% year-on-year increase in revenue, reaching impressive figures.
The profit also saw a significant rise of 47.27% year-on-year, reflecting the company’s effective cost management strategies and operational efficiency.
Comparing to the previous quarter, KPIT Technologies witnessed a 4.84% growth in revenue and a 5.81% increase in profit, demonstrating consistent growth momentum.
The Selling, general & administrative expenses went up by 5.36% quarter-on-quarter and surged by 29.95% year-on-year, which could be due to various factors such as expansion activities or inflation.
Furthermore, the operating income showed a positive trend with a 5.58% increase quarter-on-quarter and a remarkable 44.81% rise year-on-year, indicating strong operational performance.
The Earnings Per Share (EPS) for Q4 stood at ₹6.02, marking a 47.11% year-on-year growth, which is a positive sign for the company’s profitability.
KPIT Technologies has also delivered impressive returns to its investors, with a 9.42% return in the last week, 27.26% return in the last 6 months, and a YTD return of -0.35%.
As of 01 May, 2024, out of 12 analysts covering the company, 2 analysts have given a Strong Sell rating, 2 analysts have given a Hold rating, 5 analysts have given a Buy rating, and 3 analysts have given a Strong Buy rating, reflecting a mix of sentiments among analysts.
With a consensus recommendation to Buy as of 01 May, 2024, investors seem optimistic about the future prospects of KPIT Technologies.
Currently, KPIT Technologies boasts a market cap of ₹40913.07 Cr and has a 52-week high/low of ₹1764 & ₹874.5 respectively, showcasing the company’s stability and growth potential.
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1317.8 | 1256.96 | +4.84% | 1017.37 | +29.53% |
| Selling/ General/ Admin Expenses Total | 832.8 | 790.4 | +5.36% | 640.86 | +29.95% |
| Depreciation/ Amortization | 52.7 | 49.96 | +5.48% | 42.21 | +24.84% |
| Total Operating Expense | 1097.62 | 1048.41 | +4.69% | 865.32 | +26.85% |
| Operating Income | 220.18 | 208.55 | +5.58% | 152.05 | +44.81% |
| Net Income Before Taxes | 224.48 | 211.59 | +6.09% | 136.2 | +64.81% |
| Net Income | 164.35 | 155.33 | +5.81% | 111.6 | +47.27% |
| Diluted Normalized EPS | 6.02 | 5.69 | +5.8% | 4.09 | +47.11% |
FAQs
Question : What is the Q4 profit/Loss as per company?
Ans : ₹164.35Cr
Question : What is Q4 revenue?
Ans : ₹1317.8Cr
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Published: 01 May 2024, 02:26 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.