KPIT Technologies Q4 PAT up 50.36% at Rs78.88cr on record operating profits from ROW markets

28 Apr 2022 , 08:30 PM

KPIT Technologies Ltd reported 20.62% growth in total revenues yoy for the Mar-22 quarter on consolidated basis at Rs651.77cr. On a sequential basis, revenues were higher for the quarter by 4.72%.

For the full year FY22, the revenues were higher by 19.5% at Rs2,432cr. There was moderate revenue growth across the Americas and UK/Europe while the big growth of 58% came from the rest of the world (ROW) markets.

The board of directors have recommended final dividend of Rs.1.85/share. Trade receivables spike in the FY22 year.

The consolidated net profit for Q4 was up 50.36% at Rs78.88cr while it was up on a sequential basis by 12.67%.

While the growth in profits in the Americas and the UK/Europe market was positive, it was the ROW market that actually drove record operating profits in the quarter.

The net cash from operations fell sharply due to a spike in trade receivables in the latest year compared to FY21. Net margins stood at 12.10% in Mar-22 quarter compared to 9.71% in Mar-21. NPM was higher sequentially compared to 11.25% in Q3.

Financial highlights for Mar-22 compared yoy and sequentially

	KPIT Technologies
Rs in Crore	Mar-22	Mar-21	YOY	Dec-21	QOQ
Total Income (Rs cr)	₹ 651.77	₹ 540.33	20.62%	₹ 622.37	4.72%
Net Profit (Rs cr)	₹ 78.88	₹ 52.46	50.36%	₹ 70.01	12.67%
Diluted EPS (Rs)	₹ 2.89	₹ 1.93		₹ 2.56
Net Margins	12.10%	9.71%		11.25%