IT Consulting & Software company KPIT Technologies announced Q2FY25 results Q2FY25 CC Revenue grows 20.1% YoY. Q2FY25 Profit (PAT) grows 23.9% YoY. Reported USD Revenue growth of 19.3% YoY Growth led by Middleware and Powertrain. Q2FY25 Net Profit at Rs 2,037 million 44.7% (incl one-time gain) growth in profit YoY. Q2FY25 EBITDA at 20.8% YoY EBITDA growth of 27.7%. USD 207 million worth engagements closed in the quarter Healthy Pipeline level across practices. Kishor Patil, Co-founder, CEO and MD, KPIT said: ” We are happy to have delivered yet another quarter of well-balanced growth. The Mobility Industry, specifically the Automotive sub vertical, has been under pressure to keep up with the changing regulations, reduce cost of vehicles and meet demands of the ever-changing consumer preferences in recent times. We continue to prioritize investments in technology and markets ahead of demand to help our T25 clients stay on the cutting edge of technology and competitiveness, basis which, we reiterate our revenue growth and profitability outlook for the full year. We have taken an enabling board resolution for fund-raising in view of some of the strategic opportunities that are on the horizon. The actual fund raise will happen only when some of these potential prospects are in advanced stages of discussion.” Sachin Tikekar, Co-founder and Joint MD, KPIT said: ” In anticipation of changes in the Mobility Industry, we have doubled down our efforts to help our T25 clients reduce the cost of their vehicles and cut the time to market in the areas of software and system integration. Our investments in Trucks and Off-Highway sub-verticals are on track to expand market opportunities for us in the mid-term. The efforts on broad-basing growth within our T25 clients are showing promising results. Overall, we have had robust wins during the quarter. Our attrition remains at the lowest level for us, while we commit to further investments in competency and leadership development. We are reaching all milestones concerning the goals set up towards Sustainability, in line with our Vision of making Mobility cleaner, safer and smarter.” Result PDF