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  • Nasscom ER&D head flags fundamental business model change, as IT sector faces similar churn

    KPIT has been able to cut engineering cycle times by as much as 25-30 percent by deploying AI in validation and testing environments.

  • Double-digit growth to return in ER&D sector in about two years, says Nasscom’s ER&D chair Kishor Patil

    Earlier, analysts expected the sector to recover by the first quarter of FY26, as and when the macroeconomic situation were to improve.

  • Automotive, IoT among key future growth drivers: KPIT Tech

    Third quarter dollar revenue of the Pune based IT consulting and product engineering firm KPIT Technologies declined 0.5 percent.

  • KPIT Q3 PAT at Rs 73.58 cr

    IT firm KPIT today said its net profit increased 2.12 percent to Rs 73.58 crore for the quarter ended December, 2016, compared to Rs 72.05 crore in the same period of previous year.

  • Partnership with MicroFuzzy to be internally funded: KPIT Tech

    Kishor Patil, MD & CEO, KPIT Technologies said the partnership would be funded through internal accruals. The cash balance with the company currently stands at Rs 400 crore.

  • Expect to achieve margin of 15-16% in next few quarters: KPIT

    In an interview to CNBC-TV18, Kishor Patil of KPIT Technologies spoke about the results and his outlook for the company.

  • Expect EBITDA margins to be around 15% for FY17: KPIT

    The first half of FY17 may be muted but the company expects to see industry-level growth in the second half, says Kishor Patil, CEO and MD of KPIT.

  • Margins to improve 300-400 bps in 12-18 months: KPIT Tech

    The company is well on its track to get back to the industry growth rate

  • KPIT Tech Q2 profit jumps 69% on strong EBITDA margin

    "Focus on profitability improvement over last 6 months is showing good results, as we improved Q2FY16 EBITDA to 14 percent, despite wage hikes during the quarter," Ravi Pandit, co-founder, chairman & group CEO, KPIT said.

  • Look to improve margins post landmark Q2 results: KPIT Tech

    The company has reported a net profit of Rs 70.6 crore in Q2, marking a rise of 5.7% year on year.

  • Confident of achieving guidance going forward: KPIT Tech

    For FY14, the company sees its dollar revenue rising by 13.3-15.7 percent at USD 465-475 million.

  • Completion of large deals to improve H2 margins: KPIT Tech

    Kishor Patil of KPIT Technologies expects the margins of the IT services provider to improve in the second half of the year due to completion of a few large deals and expenses coming down.

  • Robust deal pipeline in US to drive growth: KPIT Cummins

    Information Technology services provider KPIT Cummins expects that the robust deal pipeline in US and Asia Pacific regions and increased spending by clients to drive growth in the coming quarters.

  • Rate hikes, non-linear growth to drive profit: KPIT Cummins

    Kishor Patil, MD and CEO, KPIT Cummins, in an interview on CNBC-TV18, spoke about the company's fourth quarter results. He also spoke about the outlook of the company going forward.

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