Financial Results for Quarter Ended June 30, 2026
Consolidated Financial Results (₹ in millions):
- Revenue from operations: ₹16,749.94 (Q1 FY27) vs ₹15,387.61 (Q1 FY26) vs ₹17,110.00 (Q4 FY26)
- Other income: ₹83.38 (Q1 FY27) vs ₹159.60 (Q1 FY26) vs ₹120.55 (Q4 FY26)
- Total income: ₹16,833.32 (Q1 FY27) vs ₹15,547.21 (Q1 FY26) vs ₹17,230.55 (Q4 FY26)
- Employee benefits expense: ₹10,601.38 (Q1 FY27) vs ₹9,754.42 (Q1 FY26) vs ₹10,464.80 (Q4 FY26)
- Finance costs: ₹229.51 (Q1 FY27) vs ₹120.28 (Q1 FY26) vs ₹220.43 (Q4 FY26)
- Depreciation and amortization: ₹825.37 (Q1 FY27) vs ₹628.81 (Q1 FY26) vs ₹819.57 (Q4 FY26)
- Profit before tax: ₹1,602.98 (Q1 FY27) vs ₹2,358.10 (Q1 FY26) vs ₹2,246.45 (Q4 FY26)
- Tax expense: ₹438.86 (Q1 FY27) vs ₹639.11 (Q1 FY26) vs ₹616.71 (Q4 FY26)
- Profit for the period: ₹1,164.12 (Q1 FY27) vs ₹1,718.99 (Q1 FY26) vs ₹1,629.74 (Q4 FY26)
- Earnings per share (basic): ₹4.30 (Q1 FY27) vs ₹6.32 (Q1 FY26) vs ₹5.99 (Q4 FY26)
- Earnings per share (diluted): ₹4.28 (Q1 FY27) vs ₹6.28 (Q1 FY26) vs ₹5.95 (Q4 FY26)
Standalone Financial Results (₹ in millions):
- Revenue from operations: ₹6,666.67 (Q1 FY27) vs ₹7,680.67 (Q1 FY26) vs ₹7,310.26 (Q4 FY26)
- Other income: ₹1,045.00 (Q1 FY27) vs ₹1,345.00 (Q1 FY26) vs ₹1,065.00 (Q4 FY26)
- Profit before tax: ₹1,271.35 (Q1 FY27) vs ₹2,596.72 (Q1 FY26) vs ₹2,020.87 (Q4 FY26)
- Tax expense: ₹304.42 (Q1 FY27) vs ₹307.49 (Q1 FY26) vs ₹550.03 (Q4 FY26)
- Profit for the period: ₹966.93 (Q1 FY27) vs ₹2,289.23 (Q1 FY26) vs ₹1,470.84 (Q4 FY26)
- Earnings per share (basic): ₹3.55 (Q1 FY27) vs ₹8.42 (Q1 FY26) vs ₹5.40 (Q4 FY26)
- Earnings per share (diluted): ₹3.53 (Q1 FY27) vs ₹8.36 (Q1 FY26) vs ₹5.37 (Q4 FY26)
Segment Performance (Consolidated, ₹ in millions):
- Americas revenue: ₹5,136.89 (Q1 FY27) vs ₹4,569.92 (Q1 FY26) vs ₹4,568.63 (Q4 FY26)
- UK & Europe revenue: ₹8,843.98 (Q1 FY27) vs ₹7,268.01 (Q1 FY26) vs ₹8,859.89 (Q4 FY26)
- Rest of World revenue: ₹7,886.52 (Q1 FY27) vs ₹7,986.83 (Q1 FY26) vs ₹8,786.64 (Q4 FY26)
- Total segment revenue: ₹21,867.39 (Q1 FY27) vs ₹19,824.76 (Q1 FY26) vs ₹22,215.16 (Q4 FY26)
Foreign Exchange Impact:
- Consolidated foreign exchange loss (net): ₹162.77 million (Q1 FY27) vs ₹240.30 million (Q1 FY26) vs ₹311.61 million (Q4 FY26)
- Standalone foreign exchange loss (net): ₹193.18 million (Q1 FY27) vs ₹124.32 million (Q1 FY26) vs ₹164.16 million (Q4 FY26)
Auditor Review: Unqualified opinion issued by statutory auditors B S R & Co. LLP on both consolidated and standalone financial results.
Board Appointments and Changes
1. Appointment of Dr. Nirmala Pandit
- Designation: Additional and Non-Independent Non-Executive Director
- DIN: 03621715
- Effective date: July 29, 2026 to July 28, 2029 (3-year term)
- Not liable to retire by rotation
- Appointment subject to shareholder approval at 9th Annual General Meeting
- Background: Managing Trustee of The Nav Maharashtra Community (NAVAM) Foundation, former faculty at University of Pune Department of Law, Ph.D. in Law
- Relationship: Mother of Mr. Chinmay Pandit (Whole-time Director)
- Not related to any other directors or KMPs
2. Appointment of Mr. Anant Talaulicar as Chairman
- Appointed as Chairman of the Board for one year, including the ensuing 9th AGM on August 31, 2026
- Appointment follows the passing of co-founder Mr. S.B. (Ravi) Pandit
3. Reappointment of Ms. Bhavna Doshi
- Designation: Independent Director
- DIN: 00400508
- New term: September 15, 2026 to September 14, 2031 (5-year second term)
- Current term expires September 14, 2026
- Will attain age 75 on June 26, 2028
- Subject to shareholder approval at 9th AGM
- Background: Chartered Accountant, founding partner of Bhavna Doshi Associates LLP
4. Reappointment of Mr. Anup Sable
- Designation: Whole-time Director
- DIN: 00940115
- New term: December 22, 2026 to December 21, 2031 (5-year term)
- Current term expires December 21, 2026
- Subject to shareholder approval at 9th AGM
- Background: Chief Operating Officer and Board Member, 38 years experience, co-inventor of 4 patents
5. Reappointment of Mr. Chinmay Pandit
- Designation: Whole-time Director
- DIN: 07109290
- New term: July 26, 2027 to July 25, 2032 (5-year term)
- Current term expires July 25, 2027
- Subject to shareholder approval at 9th AGM
- Background: President - Americas and Chief Risk Officer, 24 years experience
6. Appointment of Mr. Omkar Panse
- Designation: Chief Technology Officer as Senior Management Personnel
- Effective date: July 29, 2026
- Background: 20+ years in automotive technology, career progression within KPIT from Software Engineer to CTO
Remuneration Approvals
Non-Executive Directors Remuneration:
- Approved maintaining remuneration limit at 2% of net profits computed under Section 198 of Companies Act, 2013
- Valid for 5 years commencing FY 2026-27
- Overall maximum managerial remuneration limit revised to 11% payable to all directors
- Subject to shareholder approval at 9th AGM
Executive Directors Remuneration:
- Approved maintaining remuneration limits at 8% individually and 15% collectively of net profits computed under Section 198 of Companies Act, 2013
- Valid for 5 years commencing FY 2026-27
- Overall maximum managerial remuneration limit revised to 11% payable to all directors
- Subject to shareholder approval at 9th AGM
Committee Reconstitution
Corporate Social Responsibility Committee:
- Reconstituted with induction of Dr. Nirmala Pandit as Member
- New composition:
- Mr. Anant Talaulicar: Chairman
- Dr. Nirmala Pandit: Member
- Mr. Sachin Tikekar: Member
Dividend Declaration
Final Dividend for FY 2025-26:
- Amount: ₹5.25 per share (Rupees Five and Twenty-five paisa only)
- Record date: Wednesday, August 12, 2026
- Payment subject to approval by shareholders at 9th AGM on August 31, 2026
- Payment to be made within statutory timelines as per Companies Act, 2013
Subsidiaries and Joint Ventures
The consolidated financial results include 27 subsidiaries and 1 joint venture (Qorix GmbH) as of June 30, 2026.