KPIT Tech Q1 Results: Stock surges 5% after management says large deal wins will aid revenue growth

Shares of KPIT Technologies Ltd. surged as much as 5% on Wednesday, July 30, after the company said that it is anticipating strong growth momentum in the second half of the year.

Robust pipeline growth and healthy deal wins have been witnessed in the last two quarters and the transformative large engagements won will contribute to the revenue growth in the second half of financial year 2026, the company said in its investor presentation.

KPIT Tech won dals worth $241 million during the June quarter, which is lower than the $280 million it won in the March quarter, but higher than the $202 million during the same quarter last year.

KPIT Tech reported US Dollar revenue growth of 0.3% sequentially, while a CNBC-TV18 poll expectations had pegged the growth to be 1.1%.

Earnings Before Interest and Tax during the quarter declined by 10.6% from the previous quarter to ₹237 crore, which is lower than the poll estimate of ₹261 crore.

EBIT margin narrowed to 15.4% from 17.3% last quarter, and was also below expectation of 17%.

Net profit for the quarter declined by 30% from the previous quarter to ₹172 crore, while the CNBC-TV18 poll had pegged the figure to be ₹200 crore.

Revenue in constant currency declined for the first time after several quarters of healthy growth. Constant currency revenue fell 3.2% on a sequential basis, while the poll had pegged the drop to be 1.8%.

Shares of KPIT Tech are trading 4.8% higher after the results announcement at ₹1,277.3. The stock is still down 15% so far in 2025.