KPIT Technologies, a global leader in mobility software solutions, recorded revenues reaching $178 million for the first quarter of FY26, marking a 12.8% year-on-year (YoY) growth in rupee terms and 7.8% growth in USD. The company maintained a stable EBITDA margin at 21%, with EBIT standing at 17%.
This marks the 20th consecutive quarter of growth for the company. In the quarter ended June 30, KPIT secured new engagements worth $241 million, underscoring continued client confidence in its domain-focused solutions.
According to the company, its Mobility-Infused AI Solutions are becoming key differentiators, delivering productivity and cost benefits while enabling faster go-to-market for clients. KPIT continues to invest in platforms, tools, and accelerators to support its T25 client base across global and India-specific markets.
KPIT's Co-founder, CEO & MD, Kishor Patil, said, “Despite macroeconomic challenges, we have maintained our EBITDA margins. We remain optimistic about H2FY26 growth, particularly with our T25 clients, and are also exploring opportunities under our ‘India for India’ strategy.”
Sachin Tikekar, Co-founder and Joint MD, added, “Our AI-led validation suites and middleware offerings are already in deployment and yielding productivity gains. With a robust deal pipeline, we are poised for healthier momentum in the second half of the fiscal.”
In addition to the financial performance, KPIT announced a strategic collaboration with JSW Motors aimed at accelerating India's transition towards new energy mobility.
KPIT Technologies currently employs over 12,000 professionals globally and operates engineering centers in India, Europe, the U.S., Japan, China, and Thailand. The company remains engaged in the development of software-defined vehicle technologies.