Kpit Technologies Shares Gain On Acquisition Of Caresoft Global, Check Details

Shares of KPIT Technologies gained successful early deals connected Tuesday aft nan patient said it acquired Caresoft Global Engineering Solutions Business. The woody will alteration KPIT Technologies to present enhanced costs optimization and innovative engineering solutions to trucks, off-highway, and mobility players. 

It will besides fortify KPIT's commercialized conveyance vertical by combining Caresoft’s heavy relationships and domain knowledge successful trucks and off-highway segments. 

It will accelerate KPIT’s foray into China. It will besides adhd worth done afloat conveyance costs simplification solutions for rider car, trucks, and off-highway segments and thief successful providing manufacturing engineering solutions for nan mobility ecosystem. 

Kishor Patil, Cofounder, CEO & MD, KPIT Technologies, said, " At KPIT, we are deepening relationships pinch trucks and off-highway makers and accelerating foray into China. Also, OEMs crossed segments are looking for a partner who tin bring much agility and costs ratio by taking an integrated position of software, hardware, and manufacturing. With Caresoft’s beardown expertise, we person a strategical business which will bring unparalleled worth to nan mobility ecosystem." 

KPIT Technologies roseate 1% to an intraday precocious of Rs 1270 coming against nan erstwhile adjacent of Rs 1257.80 connected BSE. Total 0.30 lakh shares of nan patient changed hands amounting to a turnover of Rs 3.82 crore connected BSE. Market headdress of nan patient stood astatine Rs 34,716 crore. 

KPIT Technologies stock has fallen 17 per cent successful a twelvemonth and mislaid 15.50 per cent since opening of nan year.  

In a month, nan banal has risen 11.18 per cent. KPIT Technologies shares are trading higher than 5 day, 10 day, 20 day, 30 day, 50 time and little than nan 100 day, 150 time and 200 time moving averages.  

The institution reported a 48.84 per cent year-on-year (YoY) emergence successful its consolidated nett profit for nan March 2025 quarter. Profit climbed to Rs 244.7 crore successful Q4 against Rs 164.4 crore successful nan corresponding play past year.

Revenue from operations roseate 15.97 per cent to Rs 1,528.3 crore successful Q4 FY25 from Rs 1,317.8 crore successful nan year-ago period. Total expenses roseate by 14.70 per cent to Rs 1,272.5 crore (YoY).

The company's committee besides recommended a last dividend of Rs 6 per equity stock for FY 2024-25.

KPIT Tech provides engineering, research, and improvement services, peculiarly successful nan automotive and mobility sectors, focusing connected software-defined vehicles. 

Published on: May 6, 2025 11:30 AM IST