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KPIT Announces Fiscal Q3 2014 Revenues Up 20.4% to Rs. 6,779.4m ($109.7m)

Financial Results

by NelsonHall Analyst

published on Jan 22, 2014

KPIT has announced results for fiscal Q3 2014, for the period ending December 31, 2013.

  • Revenues were Rs.6,779.4m (~$109.7m), up 20.4% year-over-year (y/y).
  • Operating income was Rs.917.9m, an operating margin of 13.5% down 134 bps y/y.

Fiscal Q3 2014 revenues share (with estimated revenues and y/y revenue growth) by geography were:

  • U.S. 72.6% (~Rs. 4,925m, +16.5%)
  • Europe 15.4% (~Rs. 1,041m, +35.6%)
  • Rest of World 12.0% (~Rs. 814m, +27.5%).

Fiscal Q3 2014 revenues share (with estimated revenues and y/y revenue growth) by industry sector were:

  • Automotive, transportation 36.4% (~Rs. 2,466m, +8.8%)
  • Manufacturing 38.9% (~Rs. 2,638m, +38.2%)
  • Energy & utilities 15.1% (~Rs. 1,020m, +27.4%)
  • Others 9.7% (~Rs. 656m, -0.1%).

Fiscal Q3 2014 revenues share (with estimated revenues and y/y revenue growth) by SBU were:

  • Integrated enterprise solutions 40.5% (~Rs. 2,742m, +36.8%)
  • Auto & engineering 25.3% (~Rs. 1,714m, +30.2%)
  • SAP 23.7% (~Rs. 1,605m, -2.3%)
  • Business Transformation Unit 10.6% (~Rs. 719m, +7.4%).

KPIT added three new clients in fiscal Q3 taking the total number of active clients to 195. 78 clients currently generate annual revenues of >$1m.

VendorKPIT
Initial currency type (specify local currency used)Indian Rupees
Period Ending2013-12-31
Growth20.4
Revenues ((m) in local currency6779.37
Revenues (in $m at that date)109.7

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