Interim report
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October 28, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001. Scrip ID: KPITTECH Scrip Code : 542651 Kind Attn: The Manager, Department of Corporate Services Dear Sir / Madam, KP 11· Nationa l Stock Exchange of Ind ia Ltd ., Exchange Plaza, C/1, G Block, Bandra - Kurla Complex, Bandra (E), Mumbai - 400051. Symbol: KPITTECH Series: EQ Kind Attn: The Manager, Listing Department Subject:- Outcome of the Board Meeting held on Wednesday, October 28, 2026. Ref:- Disclosure of events & information pursuant to Regulation 30 SEBI (Listing Obligat ions and Disclosure Requirements) Regulations, 2015 ("Listing Regulations, 2015") Time of Commencement of the Board Meeting: 09.15 am 1ST. Time of Conclus ion of the Board Meeting: 12:45 pm 1ST. We wish to inform you that the Board of Directors of the Company, at its meeting held today, inter-alia, has approved the following: 1. Un- audited Conso lidated Financial Resu lts and Standa lone Financ ial Resu lts for the quarter and half year ended September 30, 2026 . Un-audited and reviewed Consolidated Financial Results and Standalone Fin ancial Results for the quarter and half year ended September 30, 2026, along with Limited Review Reports from Statutory Auditors thereon. An un qualified opinion has been issued by the Statutory Aud itors on said Financial Results. 2. Appointment of Independent Director, Mr. Anant Talau licar, Chairman of the Board, on the Board of KPIT Techno logies Inc., materia l subs id iary of the Company ("KPIT US"). Pursuant to Regulation 24(1) of the SEBI Listing Regulations, 2015, Independent Director, Mr. Anant Talaulicar (DIN: 00031051), Chairman of the Board of the Company, has been appointed on the Board of KPIT US, a material unlisted subsidiary of the Company, w.e.f. October 28, 2026 . The requisite details in terms of Regulation 30(6) read with Para A of Part A of schedule Ill of the Listin g Regulations, 2015 and the SEBI Master Circular no. HO/49/14/14(7)2025-C FD- POD2/l/3762/2026 dated January 30, 2026, are enclosed as "Annexure - A". I KPIT Technologies Ltd. Registered & Corporate Office: Plot No. 17, Rajiv Gandhi lnfote ch Park, MIDC-SEZ, Pha se-Ill , Maan, Taluka -Mulsh i, Hinjawadi, Pune-411057, India. CIN: L74999PN2018PLC174192 0 E i
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• KP 11· 3. Incorporation of a subsidiary in Vietnam as wholly owned subsidiary of the Company. The Board of Directors of the Company approved the proposal to incorporate a wholly owned subsidiary in Vietnam to support the Company's business growth initiatives by leveraging the availability of skilled talent, strengthening customer engagements, establishing R&D capabilities, and enhancing its presence in the region. The requisite details in terms of Regulation 30(6) read with Para A of Part A of schedule Ill of the Listing Regulations, 2015 and the SEBI Master Circular no. HO/49/14/14(7)2025-CFD - POD2/ l/3762/2026 dated January 30, 2026, are enclosed as "Annexure-B" . 4. Strike-off of Samit Solutions Limited (Samit UK), wholly owned step- down subsidiary of KPIT Technologies Limited (•KPIT India•), as per applicable laws & provisions of United Kingdom. Somit UK is wholly owned subsidiary of KPIT Technologies (UK) Limited ("KPIT UK") and further KPIT UK is a wholly owned subsidiary of KPIT India. The Operatio ns, Employees & Customer contracts of Somit UK have been fully integrated into KPIT UK. This strike-off will reduce the multiplicity of existing legal & regulatory complia nces, administration and its cost. Please note that this strike-off of SOMIT UK will not affect any business & will not have any impact on the financia l reporting or operations. The requisite details in ter m s of Regulation 30(6) read with Para A of Part A of schedule Ill of the Listing Regulations, 2015 and the SEBI Master Circular no. HO/ 49/14 /14(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026, are enclosed as "Annexure-C". 5. Issue of Letter of Comfort (LOC) in favor of KPIT Technologies (UK) Limited ("KPIT UK"), a wholly-owned subsidiary of the Company. Considering business growth, t he Company will issue LOC in favour of KPIT UK, to enhance the Factoring Facility limit from GBP 6 million to GBP 12 million from BNP Paribas Commercial Finance Limited. The Company will not give guarantee or indemnity or surety in connection with this issuance of Lett er of Comfort in favour of BNP Paribas Commerc ial Finance Limited. Hence , there is no materia l impact or fina ncial obligation on the Company. The requisi t e details in terms of Regulation 30(6) read with Para B of Part A of schedule Ill of the Listing Regulations, 2015 and the SEBI Master Circular no. HO/49/14/14(7)2025 - CFD-POD2/l/3762/2026 dated January 30, 2026, are enclosed as "Annexure-D" . KPIT Technologies Ltd. Registered & Corporate Offi ce: Plot No. 17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase- Ill, Maan, Taluka- Mulshi, Hinjawa di, Pune-411057, India. CIN: L74999PN2018 PLC174192 000 E info@kpit.com W kpit.com
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KP 11· Un-audited and reviewed Consolidated Financial Results and Standalone Financial Results for the quarter and half year ended September 30, 2026 , along with Limited Review Reports from Statutory Auditors thereon and Investor Update are being sent separately. Kindly take the same on your reco rds . Thanking you . You rs faithfully, For KPIT Technologies Limited Ashish Malhotra General Counsel & Company Secretary Encl.: As above KPIT Technologies Ltd. Registered & Corporate Office: Plot No. 17, Rajiv Gandhi lnfotech Park , MIDC-SEZ , Phase-Ill, Maan , Taluka-Mu lshi, Hinjawadi , Pune-411057 , India. CIN: L74999PN2018PLC 174192 0 +91 20 6770 6000 E info@kpit.com W kpit .com
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Sr. Part icu lars No. 1 rea son fo r change viz. appointment, rn app0i nff'Aeflt,resi gAatt0n , r emoval,-cle aEM--e r-o th er--w i se KP 11· Annexure A Deta ils Mr. Anant Talaulicar has been appointed on the Board of KPIT US, a materi al unlisted subsidiary of the Company, w.e.f. October 28, 2026. 1----1-------- --- --- - ----- Octobe r 28, 2026. 2 3 4 date of appo intment/r e appoint-m en-t-fc-essatieA (as applicable ) & term of appointmentfr-e- a13pointcment brief profile (in case of appointment) disclosure of relat ionsh ips between directo rs (in case of appointment of a director). KPIT Technologies Ltd. Mr. Anant Talaulicar holds a bachelor's degree in Mechan ica l Engineering from Mysore University, a master's degree from the University of Michigan in Ann Arbor and a MBA degree from Tulane University, USA. He was the Chairman and Managing Director of the Cummins Group in India from Marc h 2004 through October 2017, was a member of t he Cumm ins Inc. global leade rship tea m from August 2009 t ill Octobe r 2017 and t he President of the Cumm ins Inc. Compon ents Group from 2010 through 2014 . He has also served as the Managin g Director of Tat a Cumm ins Private Lim ited, a 50:50 jo int vent ure between Cumm ins Inc. and Tata Motors Limited. He has chaired t he boa rds of four othe r Cumm ins legal entiti es in Ind ia as well. He worked as a financ ial analys t, manufactu ring eng ineer, proj ect manager, product manage r, strategy m anager before tak ing vario us general management positions. Since 2004, he has also led the Cumm ins Ind ia Foundation which has implemented sus t ainable community init iatives such as model villages and h igher ed ucat ion. He has served as a member of t he Confederation of Indian Industr ies, Soc iety of Ind ian Automobile Manufacturers and Automob ile Components Manufacturers Assoc iation in the past . Mr. Talau licar is now on the board of seven companie s in Ind ia, teaches on t he subj ect of leade rsh ip part time at t he S P Jain Institute of Management & Research and sponsors the Usha Jaivant Foundat ion that funds financ ially disadvant aged rural students t h rough college along w ith prov iding t hem w ith life effect iveness skills. -- Mr. Anant Talau lica r is not related t o any Director on the Board the Company and KPIT US. Regi stered & Corporate Office : Plot No. 17, Rajiv Gandhi lnfot ech Park , MIDC-S EZ, Phase- Ill, Maan , Taluka-Mulsh i, Hinj awadi, Pune- 411057, India. CIN: L74999 PN2018PLC174192
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KP 11· Annexure B Sr. Particulars Details No. 1 name of the entity, date & country of New company is proposed to be incorporation, etc. incorporated in Vietnam as per the legal and regulatory requ irements of Vietnam, in the name and style as may be approved by the statutory authorities . 2 name of holding company of the KPIT Technologies Limited, Holding incorporated company and relation Company (" KPIT India"). with the listed entity Vietnam entity will be wholly owned subsidiary of KPIT India. 3 industry to which the entity being The new company to be incorporated belongs incorporated in Vietnam and shall carry out business in the field of Engineering and Technology, product, services segment, primarily in mobility industry for all KPIT offerings. 4 brief background about the entity Same as above. incorporated in terms of products / line of business 5 brief details of any govern m ental or The necessary approvals will be regulatory approvals required for the obtained during the process of incorporation incorporation. 6 nature of consideration - whether Cash consideration - Amount of cash consideration or share swap and capital USO: 2 million (equivalent to details of the same Vietnamese Done1:) 7 cost of subscription / price at which Cash conside ration - Amoun t of the shares are subscribed capital USD: 2 million (equivalent to Vietnamese Dong) 8 percentage of shareholding / control 100% Wholly owned subsidia ry. by the listed entity and / or number of shares allotted KPIT Technologies Ltd. Register ed & Corporate Offi ce: Plot No. 17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase-Ill, Maan, Taluka-Mulshi, Hinjawadi, Pune-411057, India. o +91 20 6no 6000 E info@kpit.com CIN: L74999PN2018PLC174192 W kpit.com
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KP 11· Annexure C s r.l No. 1 2 3 -------- Particulars -The amount and percentage of the turnover or revenue or income and net worth contr ibu ted by such unit or division or undertaking or subs idiary or associate company of the listed entity during the last financial year Date on which the agree ment for sale has been entered into the expected date of completion of s-a-le/disposal 1--+-------------- - 4 Consideration received from such s-ate/disposal Details The operations of Samit UK have been fully integrated into KPIT UK and there is no financial imp act post Balance Sheet is made zero. Net worth The net worth of Samit UK as on December 31, 2025: GBP 523,99 6. Not Applicable Samit UK will undergo voluntary strike - off which will be completed as per statutory timeline of laws & prov isions of United Kingdom. This str ike-off of SOMIT UK will not affect any bus iness & will not have any imp ac t on the financia l reporting or Of)erations et.s_ _ __ ------l Not Applicable 5 Brief details of buyers and whether Not Appl icable any of the buyers belong to the promoter/ promoter group/group _._companies. If yes, details thereof 6 Whether the transaction would fall Not Applicable with in related party transactions? If yes, whether the same is done at "arm's length"; 7 Whether the sale, lease or disposal Not Applicable of the undertaking is outside Scheme of Arrangement? If yes , details of the same incl uding compliance with regulation 37 A of LODR Regulations. ---------8 Additionally, in case of a slump Not Applicable sale, indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slu__i:!P sale. KPIT Technologies Ltd. Registered & Corporate Office : Plot No. 17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase-Ill, Maan, Taluka - Mulshi, Hinj awadi, Pune-411057, India. CIN: l74999PN2018PLC174192 0 E info@kpit.com W kpit.com
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KP 11· Annexure D Sr. No. 2 3 Particulars name of party for which such guarantees or indemnity or suret y was given whether the promoter / promoter group/ group companies have any interest in this transaction? If yes, nature of interest and details thereof and whether the same is done at "arm 's len th" brief detail s of such guarantee or indemnity or becoming a surety viz. brief details of agreement entered (if any) including significant terms and conditions , including amount of guarantee Details The Company has obtained the Board approval for enhanc ing the Factoring Facility limit from GBP 6 million to GBP 12 million from BNP Paribas Commercial Finance Limited , in favou r of KPIT Technologies (UK) Limited (" KPIT UK"), a wholly-owned subsid iary of the Company. The Company had previousl y obtained a factoring facility limit of GBP 6 million , disclosure of which was submitted to the Stock Exchanges on January 30, 2024 . The present approval pertains to the enhancement of the existing facility limit from GBP 6 million to GBP 12 million . The Company w ill not give guarantee or indemnity or surety in connection with this issuance of Letter of Comfort in favour of BNP Paribas Commercial Finance Limited . The Promoter or Promoter group or any other Company in the group does not have any interest in this transaction . KPIT UK shall avail factor ing facility from BNP Paribas Commercial Finance Limited aggregating to GBP 12 million representing an enhancement of the existing approved factoring facility limit from GBP 6 million to GBP 12 million. Accordingly, the Board appro val is obtained on October 28, 2026, for issuing the Letter of Comfort affirming the maintenance of the beneficial ownership of at least 51% in the issued share capital of KPIT UK during the period in which it has any obligation s (whether future or contingent ) outstanding under the Factoring Agreement for the enhanced limit. I KPIT Technologies Ltd . Registered & Corporate Office : Plot No. 17, Rajiv Gandhi lnfote ch Park , MIDC - SEZ, Phase - Ill, Maan, Taluka - Mulshi , Hinjawadi , Pune-41105 7, India. CIN: L74999PN2018PLC174 192 0 +91 2 E info@kpit.co m W kpit.com
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Sr. No. Particulars t-- 1--- - --- 4 impact of such guarantees or indemnity or surety on listed entity. KP 11· Deta ils Further, the Letter of Comfort is not issued in connection with any loan, guarantee or indemnity and does not constitute a fin ancia l oblig ati on on the Company. The Letter of Comfort is not issued in connection indemnity. impact or Company. *** with any loan, guarantee or Hence, there is no material financial obli gation on the I KPIT Technologies Ltd. Registered & Corporate Office : Plot No. 17, Rajiv Gandhi lnfotech Park, MIDC-SEZ Phase-Ill , Maan, Taluka-Mulshi, Hinjawadi , Pune-411057, India. ' CIN: L74999PN2018PLC174192 0 +91 20 6TT0 6000 E info@kpit.com W kpit.com
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~ KPIT TECHNOLOGIES LIMITED - Registered & Corporate Office: Plot -17. Rajiv Gandhi lnfotech Park, MIDC - SEZ, Phase-I ll, Maan , Hinjawadi, Taluka - Mulshi, Pune - 411057 Phone: +91 20 6770 6000 I grievances@kpit.com I www.kpit .com I CIN : L74999PN2018PLC174192 PART I: STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30 SEPTEMBER 2026 ~ in million (except per share data) Particulars Quarter ended Half Year ended Year ended 30 September 30 June 2026 30 September 30 September 30 September 31 March 2026 (Unaudited) 2025 2026 2025 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Revenue from operations 16,909.66 16,749.94 15,877.11 33,659.60 31,264.72 64 ,549.31 Other income (Refer note 5, 6 and 7) 81.32 83.38 235.79 159.08 395.39 857.38 Total income 16,990.98 16,833.32 16,112.90 33,818.68 31,660.11 65,406.69 Expenses Cost of materials consumed 122.73 202.88 239.33 325.61 419.30 965.98 Changes in inventories of finished goods and 11.31 (27.41) (56.49) (16.10) (26.59) (58.33) work-in-progress Employee benefits expense 10,765.42 10,601.38 9,778.95 21,366.80 19,533.37 39,960.81 Finance costs 214.46 229.51 162.51 443.97 282.79 736.71 Depreciation and amortisation expense 859.13 825 .37 747.06 1,684.50 1,375.87 3,005.55 Other expenses (Refer note 4 and 5) 3,181.89 3,258. 14 2,708.73 6,434.41 5,133.29 11.102.55 Total expenses 15,154.94 15,089.87 13,580.09 30,239.19 26,718.03 55,713.27 Profit before share of profit/(loss) of joint venture and 1,836 .04 1,743.45 2,532.81 3,579.49 4,942.08 9,693.42 associate , exceptional items and tax Share of profit/(loss) of joint venture and associate (155.67) (140.47) (227.16) (296. 14) (278.33) (375.68) (net of tax) Profit before exceptio nal items and tax 1,680.37 1,602.98 2,305.65 3,283.35 4,663.75 9,317.74 Exceptional items Statutory impact of New Labour Codes (Refer note 9) - - - - - 597.12 Profit befo re tax 1,680.37 1,602.98 2,305.65 3,283.35 4,663.75 8,720.62 Tax expense Current tax 575.74 615.89 756.72 1,191.63 1,682 .33 2,984 .02 Deferred tax (benefit)/charge {101.94) (177.03) (141.94) (278.97) (428.44) (637.10) Total tax expense 473.80 438.86 614.78 912. 66 1,253.89 2,346.92 Profit for the period/year 1,206.57 1,164.12 1,690.87 2,370.69 3,409.86 6,373.70 Other comprehensive income A. (i) Items that will not be reclassified to profit or loss (48.60) (11.17) 14.35 (59.77) 26.37 85.03 (ii) Income tax on items that will not be reclassified 12.24 2.80 ( 4.91) 15.04 (9.59) (27.10) to profit or loss B. (i) Items that will be reclassified to profit or loss 270.49 309.07 687.36 579.56 1,282.84 2,825.76 (ii) Income tax on items that will be reclassified to 25.20 (151.06) 42.86 (125.86) 256.35 158.23 profit or loss Total other comprehensive income /(loss ), net of tax 259.33 149.64 739.66 408.97 1,555.97 3,041 .92 Total comprehensive income for the period/year 1,465. 90 1,313.76 2,430.53 2,779.66 4,965.83 9,415.62
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KPIT TECHNOLOGIES LIMITED Registered & Corporate Office: Plot-17, Rajiv Gandhi lnfotech Park. MIDC - SEZ, Phase -Il l, Maan, Hinjawadi, Taluka - Mulshi. Pune - 411057 Phone: +91 20 6770 6000 I grievances@kpit.com I www.kpit.com I CIN : L74999PN2018PLC174192 PART I: STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30 SEPTEMBER 2026 f" in milUon (except per share data) Particulars Quarter ended Half Year ended Year ended 30 September 30 June 2026 30 September 30 September 30 September 31 March 2026 (Unaud ited) 2025 2026 2025 2026 (Unaudited) (Unaudited) (Unaudited) (Unau dited ) (Audited) Profit attributable to Owners of the Company 1,206.13 1,171.78 1,690.87 2,377.91 3,409.86 6,373.39 Non-controlling interests 0.44 (7.66) - (7.22) - 0.31 Profit for the period/year 1,206.57 1,164.12 1,690.87 2,370.69 3,409 .86 6,373.70 Other comprehensive income attributable to Owners of the Company 261.49 149.82 739.66 411.31 1,555.97 3,041.92 Non-controlling interests (2.16) (0.18) - (2.34) - - Other comprehensive Income for the period/year 259.33 149.64 739.66 408.97 1,555 .97 3,041.92 Total comprehensive income attributable to Owners of the Company 1,467.62 1,321.60 2,430.53 2,789.22 4,965.83 9,415.31 Non- controlling interests (1.72) (7.84) - (9.56) - 0.31 Total comprehensive income for the period/year 1,465.90 1,313.76 2,430 .53 2,779.66 4,965 .83 9,415.62 Paid - up equity share capital (face value of~ 10 per share) 2,725 .54 2,724.39 2,720.61 2,725.54 2,720.61 2,722.27 Other equity 32,686.85 Earnings per equity share (face value off" 10 per share)* Basic 4.43 4.30 6.22 8.73 12.54 23.43 Diluted 4.40 4.28 6.18 8.68 12.45 23.28 *£PS are not onnua/ised for the interim periods.
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KPIT TECHNOLOGIES LIMITED Registered & Corporate Office: Plot- 17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase - Ill, Maan, Hinjawadi, Taluka - Mulshi , Pune - 411057 Phone: +91 20 6770 6000Igrievances@kpit.comIwww.kpit.com I CIN: L74999PN2018PLC174192 PART II: SEGMENT WISE REVENUE , RESULTS, ASSETS ANO LIABILITIES ~ in million SN Particulars Quarter ended Half Vear ended Vear ended 30 September 30 June 2026 30 September 30 September 30 September 31 March 2026 2026 (Unaudi ted) 2025 2026 2025 (Audited) (Unau dited) (Unaudited) (Unaudited) (Unaudited) 1 segment revenue Americas 5,987.01 5,136.89 4,424.88 11,123.90 8,994.80 17,938.63 UK & Europe 7,663.63 8,843.98 8,283 .29 16,507.61 15,551.30 33 ,092.00 Rest of the World 8,603.33 7,886.52 8,023.13 16,489.85 16,009.96 32,212.98 Total 22,253.97 21,867.39 20,731 .30 44,121.36 40,556.06 83,243.61 Less : Inter-segment revenue 5,344.31 5,117.45 4,854.19 10,461.76 9,291.34 18,694.30 Revenue from operations 16,909.66 16,749 .94 15,877 .11 33,659 .60 31,264.72 64,549.31 2 Segment results Americas 1,709.69 1,162.86 1,186.66 2,872.55 2,200.39 4,427.33 UK & Europe 909.57 1,673.10 1,665.23 2,582.67 2,851.32 6,121.97 Rest of the World 1,128.14 767.02 1,192.43 1,895.16 2,809.00 5,389.31 Total 3,747.40 3,602 .98 4 ,044.32 7,350 .38 7 ,860.71 15,938.61 Less: Finance costs 214.46 229.51 162.51 443.97 282.79 736.71 Other unallocable expenditure 1,696.90 1,630.02 1,349.00 3,326.92 2,635.84 5,508.48 (net of unallocable income) Profit before share of profit/(loss) of joint 1,836 .04 1,743.45 2,532 .81 3,579.49 4,942 .08 9,693.42 venture and associate , exceptional items and tax Share of profit/(loss) of joint venture and (155.67) (140.47) (227.16) (296.14) (278.33) (375.68) associate (net of tax) Profit before exceptional items and tax 1,680.37 1,602.98 2,305.65 3,283.35 4 ,663 .75 9,317 .74 Exceptional items (Refer note 9) - - - - - 597.12 Profit before tax 1,680.37 1,602.98 2,305.65 3,283.35 4 ,663 .75 8,720 .62 3 segment assets Americas 4,600.22 4,454.54 3,266.39 4,600.22 3,266.39 3,468.03 UK & Europe 4,677.87 5,492.50 7,033.63 4,677.87 7,033.63 5,227.70 Rest of the World 2.705 91 ? O<;R OR 1,671 07 :2,706.03 1,C71, 07 2,007.0G Total 11,984.02 12,005.12 11,971 .99 11,984 .02 11,971.99 11,303.58 Unallocated assets 58,595.71 60,026.48 55,165.88 58,595.71 55,165.88 61,260.37 Total assets 70,579.73 72,031 .60 67,137.87 70,579.73 67,137.87 72,563 .95 4 Segment liabilities Americas 619.90 638.84 370.86 619.90 370.86 574.51 UK & Europe 3,225.59 3,996.52 4,400.73 3,225.59 4,400.73 4,760.62 Rest of the World 1,314.77 1,806.11 1,620.64 1,314.77 1,620.64 1,919.25 Total 5,160.26 6,441 .47 6,392.23 5,160.26 6,392.23 7,254.38 Unallocated liabilities 28,479.25 28,727.38 28,112.97 28,479.25 28,112.97 29,820.76 Total liabilities 33,639.51 35,168.85 34,505 .20 33,639.51 34,505 .20 37,075.14 a Segment assets other than trade receivables (including unbilled) and contract assets and segment liabilities other than contract liabilities (unearned revenue) and advance from custo mers used in the Group's business are not identified to any reportable segments, as these are used interchangeably between segments. b The cost incurred during the period/year to acquire property, plant and equipment and intangible assets, depreciation/amortisation and non cash expenses are not attributable to any reportable segment.
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KPIT TECHNOLOGIES LIMITED Registered & Corporate Office: Plot-17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase-Ill, Maan, Hinjawadi, Taluka - Mulshi, Pune - 411057 Phone : +91 20 6770 6000Igrievances@kpit.comIwww. kpit.com I CIN : L74999PN2018PLC174192 PART Ill : CONSOLIDATED BALANCE SHEET fin million Partkulars As at As at 30 September 31 March 2026 2026 (Audited) (Unaudited) A ASSETS 1 Non-current assets a. Property, plant and equipment 2,423.11 2,492.19 b. Right-of - use assets 3,451.16 3,770.46 C. Cap ital work- in -progress 33.41 4.32 d. Goodwill 28,087.63 27,984.89 e. Other intangible assets 5,677.86 5,604.98 f. Intangible assets under development 331.38 55.85 g. Investments accounted for using the equity method 927.20 1,223.88 h. Financial assets Investments 955.28 0.88 Other financial assets 570.82 500 .53 i. Deferred tax assets (net) 1,424.28 1,355.36 j. Non-current tax assets (net) 548.52 541.44 k. Other non-current assets 100.86 67.71 Total non -current asse ts 44, 531 .51 43,602.49 2 Current assets a. Inventories 949.23 881.13 b. Financial assets Investments 721.50 491.53 Trade receivables Billed 9,985.06 9,278.36 Unbilled 1,823.38 1,469.89 Cash and cash equivalents 9,168.95 13,184.47 Bank balances other than cash and cash equivalents above 101.84 223.74 Loans 0.06 10.75 Othe r financial assets 1,341.83 1,412.66 C. Other current assets 1,956.37 2,008.93 Total current assets 26,048.22 28,961.46 TOTAL ASSETS 70,579 .73 72,563.95 B EQUITY AND LIABILITIES Equity a. Equity share capital 2,725.54 2,722.27 b. Other equity 34,144.55 32,686.85 Equity attributable to owners of the Company 36,870.09 35,409 .12 C. Non-controlling interests 70.13 79.69 Total equity 36,940.22 35,488.81
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KPIT TECHN OLOGIES LIMITED Regist ered & Corporate Office: Plot -17, Rajiv Gandhi lnfotech Park, MIDC- SEZ, Phase-Ill, Maan, Hinjawadi, Taluka - Mulsh i, Pune - 411057 Phone: +91 20 6770 6000Igrievances@kpit.comIwww.kpit.com I CIN: L74999PN2018PLC174192 PART Ill: CONSOLIDATED BALANCE SHEET ~ in million Particulars Asat As at 30 September a1 March 202ij 2026 (Audited) (Unaudited) Liabilities 1 Non-current liabil ities a. Financial liabilities Borrowings 966.04 1,430.75 Lease liabilities 2,347.42 2,674.48 Other f inancial liabilities 2,473.06 1,975.44 b. Provisions 1,544.73 1,376.89 C. Deferred tax liabilities (net) 1,395.52 1,500.13 Total non-current liabilities 8,726.77 8,957.69 2 Current liabilities a. Financial liabil ities Borrow ings 3,230.07 3,190.97 Lease liabilities 1,101.00 1,087.67 Trade payables (i) Total outstanding dues of micro enterprises and small enterprises 12.77 64.02 (ii) Total outstanding dues of creditors other than micro enterprises and small enterprise 3,108.78 2,544.15 Other financial liabilities 7,006.79 7,628.93 b. Other current liab ilities 6,884.29 9,241.81 c. Provisions 1,142.57 963.34 d. Current tax liabil ities (net) 2,426.47 3,396.56 Total current liabilities 24,912.74 28,117.45 Total liabilities 33,639.51 37,075.14 TOTAL EQUITY AND LIABILITIES 70,579.73 72,563 .95
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KPIT TECHNOLOGIES LIMITED Registered & Corporate Office: Plot-17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase- Ill, Maan, Hinjawadi, Taluka - Mulshi, Pune - 411057 Phone: +91 20 6770 6000Igrievances@kpit.comIwww.kpit.com I CIN: L74999PN2018PLC174192 Select explanatory notes to the Statement of Unaudited Consolidated Financial Results for the quarter and half year ended JO September 2026 1 The above unaudited consolidated f inancial results have been reviewed by the Audit Committee and thereafter approved and taken on record by the Board of Directors in the ir meetings held on 28 October 2026. These unaudited consolidated f inancial results have been prepared in accordance w ith the Indian Account ing Standards ("Ind-AS") as per the Companies (Indian Account ing Standards) Rules, 2015, as amend ed from time to t ime, notified under section 133 of the Companies Act, 2013 ("Act") and other relevan t prov ision s of the Act. 2 The Statutory auditors of the Company have conducted a limited review of the above unaudited consolidated financial results of the Company for the quarter and half year ended 30 September 2026. An unqualified review conclusion has been issued by them thereon. 3 The above unaudited consolidated financial results include 26 subs idiaries, one joint venture and one associate as on 30 September 2026. 4 Deta ils of foreign exchange loss included in above results: ~ in million Particulars Quarter ended Half Year ended Year ended JO September JO June 2026 JO September JO September 30 September 31 March 2026 2026 (Unaudited) 2025 2026 2025 (Audited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Foreign exchange loss (net) included in other expenses 170.74 162.77 144.36 333.51 384.66 878.30 5 Details of net unrealised gain/loss on investments carried at fair value through profit or loss included in above results: tin million Particu tars Quarter ended Half Year ended Year ended JO September JO June 2026 JO September JO September 30 September 31 March 2026 2026 (Unaudited) 2025 2026 2025 (Aud ited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Net unrealised gain on investments carried at fair - 5.62 1.91 - 6.63 5.17 value through profit or loss included in other income Net unrealised loss on investments carried at fair 7.15 - - 1.53 - - value through profit or loss included in other expenses 6 The Group had recognised a fair value gain of , 151.81 million during the quarter ended 30 September 2025 on fair valuation of financial instruments carried at fair value through profit or loss under "Other inco me" in the Consolidated Statement of Profit and Loss account. The cumulative gain recognised on these instruments for the year ended 31 March 2026 amounted to t 164.70 million. 7 Dudns tho yoar ondod ~1 M:uch ?0?6. pursuant to add itional stake acquisition in N-Dream AG, it became a step-down subsidiary of the Group. Consequently, in line with Ind-AS 103, Business Combinations, the Group had remeasured its previously held equity lme,t:~t in N -D,eam AC :,t the acqu isition-date fair value and recognised a one-time gain of , 301.04 million under "Other income" in the Consolidated Statement of Profit and Loss account. 8 On 6 July 2026, the Group, through its wholly owned subsidiary, KPIT Techno logies (UK) Limited, has completed its initial inves tment of USO 10.00 million in Preference Capital of Cymotive Technologies Limited ("Cymotive"). This investment does not result in Cymotive becoming a subsidiary of the Group and has been accounted as an investment in an associate measured at fair value. Cymotive is an automot ive cybersecurity company, focused exclusively on securing software-defined vehicles (SDVs), connected vehicles, and fleet ecosystems throughout the full vehicle lifecycle.
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KPIT TECHNOLOGIES LIMITED Registered & Corporate Office: Plot-17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase-Ill, Maan, Hinjawadi, Taluka - Mulshi, Pune - 411057 Phone: +91 20 6770 6000Igrievances@kpit.comIwww.kpit.com I CIN: L74999PN201BPLC174192 Select explanatory notes to the Statement of Unaudited Consolidated Financial Results for the quarter and half year ended 30 September 2026 9 On 21 November 2025, the Government of India notified the four Labour Codes. During the previous year, considering the materiality and regulatory-driven, non-recurring nature of this impact, the Group had presented an incr emental impact on Employee Benefit Obligations under "Exceptional ,terns" in the Consolidated Statement of Profit and Loss account. 10 The consolidated results of the Company are available on the Company's website, www.kpit.com and also on the website of the SSE Limited, www.bseindia.com and National Stock Exchange of India Limited, www.nseindia.com, where the shares of t he Company are listed. 11 Consolidated statement of Cash flows is attached in Annexure A Place: Pune Date: 28 October 2026 For and on behalf of the Board of Directors of KPIT TECHNOLOGIES LIMITED Kish • ~ CEO & Managing Director DIN: 00076190 s~ ;k,ku Precs+t & Joint Managing Director DIN: 02918460
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KPIT TECHNOLOGIES LIMITED Registered & Corporate Office: Plot -17, Rajiv Gandhi lnfotech Park, MIDC - SEZ, Phase - Ill , Maan, Hinjawadi, Taluka - Mulshi, Pune - 411057 Phone: +91 20 6770 6000 I grievances@ kpit.com I www.kpit.com I CIN: L74999PN2018PLC174192 ANNEXURE A: CONSOLIDATED STATEMENT OF CASH FLOWS if in million Particulars Half Year ended Year ended 30 September 30 September 31 March 2026 2026 2025 (Audited) (Unaudited) (Unaudited) A CASH FLOW FROM OPERATING ACTIVITIES Profit before tax for the period/year 3,283.35 4,663.75 8,720.62 Adjustments for: Depreciation and amortisat ion expense 1,684.50 1,375.87 3,005.55 Finance costs 443.97 282 .79 736.71 Inte rest income {56.76) {86.80) (145.39) Dividend income - {0.12) {0.17) Property, plant and equipments and other inta ngible assets written off 0.57 0.23 1.83 Net (gain)/loss on disposal of property, plant and equipments and intangi ble assets (0.04) (14.17) (13.42) Re-measurement to fair value of existing equity interest in acq uiree - - (301.04) Unrealised (gain)/loss on investment ca rri ed at fair value t hroug h profi t or loss (net) 1.53 (6.63) (5.17) Realised (gain)/loss on investment carried at fair value throug h prof it or loss (net) (14.89) (38.91) (47.53) Net loss/(gain) on fair valuation of financ ial inst rum ents carri ed at fai r value through (40.28) {151.81) (164.70) profi t or loss Allowances for doubtful trade receivables, other f inancial assets and advanc es (net) 202.58 (62.83) 58.12 Bad debts written off 38.52 0.06 0.07 Sha re base d compensat ion expenses 97.47 173.69 345.47 Sha re of loss/(profit) of joint venture and associate (net of tax) 296.14 278.33 375.68 Net unrealise d foreign exc hange (gain)/loss 115.28 521.76 1,599.17 Others (2.07} (0.27) (0.30) Operating profit before working capital changes 6 ,049.87 6 ,934.94 14,165.50 Adjustments for changes in working capital: Trade rece ivables (1,288.41) (1,605.59) (637.96) Invento ries (68.10) (21.19) (34.27) Loans, othe r f inancial assets and ot her assets 52.02 (707.92) {743.31) Trade payables 487.68 712.97 25.60 Other financial liabilities, other liabilities and prov isions (1,889.28) (129.07) 1,312.93 Cash generated from operations 3,343.78 5,184 .14 14,088.49 Income taxes paid (net) (2,168.80) (1,288.56) (2,140. 75) Net cash generated from operatin g activities (A) 1,174.98 3,895 .58 11,947.74 B CASH FLOW FROM INVESTING ACTIVITIES Purchase of property, plant and equipment and int angible assets (1,118.56) (761.41) (1,425.72) Proceeds from sale of property, plant and equipment 0.56 38.57 39.77 Acqu isition of subsidiary (net of cash acquired) - (6,066.42) (7,029.77) Payment of deferred and contingent considerat ion (69.93) - (5,816.44) Investment in mutual fund (3,947.48) (6,294.00) (7,161.00) Proceeds from sale of investment in mutual fun d 3,730.63 6,809.73 9,248.23 Proc eed from sale of investments carried at fai r value through profi t or loss 0.05 0.73 13.82 Investment in financial instruments carried at fair value through profi t or loss - (887.92) (946.54) Investme nt in an assoc iate (954.41) - - Interest rece ived 42.03 125.64 185.83 Dividend received - 0.12 0.60 Procee d s from repayme nt of loan given - 338.58 361.16 Amount placed in deposits (292.26) (131.68) (432.61) Amount realised from deposits 373.53 734.45 1,102.10 Net cash used in investing activit ie s (B) (2,235.84) (6 ,093.61) (11,860.57)
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KPIT TECHNOLOGIES LIMITED Registered & Corporate Office: Plot -17, Raji v Gandhi lnfotech Park, MIDC-SEZ , Phase - Ill, Maan, Hinjawadi, Taluka - Mulshi, Pune - 411057 Phone: +91 20 6770 6000 \ grievances@kpit .com I www .kpit.com I CIN: L74999PN2018PLC174192 ANNEXURE A: CONSOLIDATED STATEMENT OF CASH FLOWS ~ in million Particulars Half Vear ended Year ended 30 September 30 Septembe r 31 March 2026 2026 2025 (Audited) (Unaud ited) (Unaudited) C CASH FLOW FROM FINANCING ACTIVITIES Proceeds from long term loan from banks - - 2,38 1.09 Repayment of long term loan from banks {494.62 ) {0.59) {12.31) Proceeds from short term loan from banks - - 2,206.85 Principal payment of lease liabilities {587.08) {409.68) (922.05) Proceeds from working cap ital loan 2,406.82 1,433.60 2,874.05 Repayment of working capital loan (2,406.82) (4.48) (2,907 .21) Proceeds from shares issued by Empl oyee Welfare Trust 3.31 4.10 5.76 Dividend paid (1,430.54 ) (1,631.57) (2,243.89) Finan ce cost paid (including interest on lease liabilit ies) {422.50) (214.25) (493.22) Net cash from/(used in) financ ing activities (C) (2,931.43) (822.87 ) 889.07 Net (dec rease)/increase in cash and cash equivalents (A+ B + C) (3,992.29) (3,020.90) 976.24 Cash and cash equivalents at beginning of the period/year 13,184.47 12,231.78 12,231.78 Exchange differences on translation of for eign currency cas h and cas h equivalents (23.23) 61.68 {23.55) Cash and cash equivalent s at the end of the period/year 9,168.9 5 9,272.56 13,184.47
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B S R & Co. LLPChartered Accountants8th Floor, Unit 802, Godrej Koregaon Park North Main Road, Mundhwa Pune, Maharashtra, 411001 Telephone: +91 (20) 4061 2200 Registered Office:B S R & Co. (a partnership firm with Registration No. BA61223) converted into B S R & Co. LLP (a Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 201314th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063Page 1 of 4 Limited Review Report on unaudited consolidated financial results of KPIT Technologies Limited for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amendedTo the Board of Directors of KPIT Technologies Limited1. We have reviewed the accompanying Statement of unaudited consolidated financial results of KPIT Technologies Limited (hereinafter referred to as “the Parent”), and its subsidiaries (the Parent and its subsidiaries together referred to as “the Group”) and its share of the net loss after tax and total comprehensive loss of its associate and joint venture for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 (“the Statement”) being submitted by the Parent pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").2. This Statement, which is the responsibility of the Parent’s management and approved by the Parent’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review.3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable.4. The Statement includes the results of the entities mentioned in Annexure I to the Statement:
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B S R & Co. LLP Limited Review Report (Continued) KPIT Technologies Limited Page 2 of 4 5. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For B S R & Co. LLP Chartered Accountants Firm’s Registration No.:101248W/W-100022 Shiraz Vastani Partner Pune Membership No.: 103334 28 October 2026 UDIN:26103334SXIRDD6159 Digitally signed by SHIRAZ AZIZSHIRAZAZIZ VASTANI 6:;~~~~6.10.2s 11 :45:56 +05 '30'
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B S R & Co. LLPLimited Review Report (Continued)KPIT Technologies Limited Page 3 of 4 Annexure IThe consolidated financial results include financial results of the Parent and the following entities:Sr. No Name of component Relationship1 KPIT Technologies (UK) Limited Subsidiary2 KPIT (Shanghai) Software Technology Co. Limited Subsidiary3 KPIT Technologies Netherland B.V. Subsidiary4 KPIT Technologies GmbH Subsidiary5 KPIT Technologias LTDA. Subsidiary6 MicroFuzzy Industrie-Elektronic GmbH Subsidiary7 KPIT Technologies GK Subsidiary8 KPIT Technologies Inc. Subsidiary9 KPIT Technologies Holding Inc. Subsidiary10 KPIT Tech (Thailand) Co., Limited Subsidiary11 PathPartner Technology Private Limited Subsidiary12 PathPartner Technology Inc. Subsidiary13 Somit Solutions Limited Subsidiary14 Somit Solutions Inc. (liquidated with effect from 13 July 2026) Subsidiary15 KPIT Technologies S.A.S Subsidiary16 Technica Engineering GmbH Subsidiary17 Technica Electronics Barcelona, S.L. Subsidiary18 Technica Engineering Spain S.L. Subsidiary19 Technica Engineering Inc. Subsidiary20 KPIT Technologies Limited Employee Welfare Trust (ESOP Trust) Subsidiary
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B S R & Co. LLPLimited Review Report (Continued)KPIT Technologies Limited Page 4 of 4 21 KPIT Engineering SUARL Subsidiary22 KPIT Technologies AB Subsidiary23 Caresoft Engineering Services Limited Subsidiary24 Caresoft Global Technologies Inc. Subsidiary25 CAREGLOTECH, S. de R.L. de C.V. Subsidiary26 OXI SRL Subsidiary27 N-Dream AG Subsidiary28 Qorix GmbH Joint venture29 Qorix India Private LimitedSubsidiary of Joint venture30 Cymotive Technologies Limited Associate
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KPIT TECHNOLOGIES LIMITED Registered & Corporate Office : Plot-17 , Rajiv Gandhi lnfotech Park, MIDC - SEZ, Phase-Il l, Maan, Hinjawadi , Taluka - Mulshi , Pune - 411057 Phone: +91 20 6770 6000 I grievances@kpit.com I www.kpit.com I CIN : L74999PN2018PLC174192 PART I: STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF VEAR ENDED 30 SEPTEMBER 2026 Particulars Revenue from operat ions Other income (Refer note 4, 5 and 6) Total Income Expenses Cost of mater ials consumed Employee benefits expense Finance costs Depreciation and amort isation expense Other expenses (Refer note 3 and 4) Total expenses Profit before exceptional items and tax Exceptional items Statutory impact of New Labour Codes (Refer note 7) Profit before tax Tax expense Current tax Deferred tax (benefit) / charge Total tax expense Profit for the period/year Other comprehensive income A. (i) Items that will not be reclassified to profit or loss (ii) Income tax on items that w ill not be reclassified to profit or loss B. (i) Items that w ill be reclassified to profit or loss (ii) Income tax on items that w ill be reclass ified to profit or loss Total other comprehensive income/(loss) , net of tax Total comprehensive income for the period/year Paid - up equity share capital (face value of ~ 10 per share) Other equity Earnings per equity share (face value of 'l 10 per share)* Basic Diluted *EPS are not annualised for the interim periods. ff in million (except per share data) Quarter ended Half Vear ended Vear ended 30 September 30 June 2026 30 September 30 September 30 September 31 March 2026 2026 (Unaudited) 2025 2026 2025 {Audited) (Unaudited) 7,271.91 12.61 7 ,284.52 3,623.48 38.58 431.10 1,469.90 5,563 .06 1,721.46 1,721.46 444.89 (28.26) 416.63 1,304.83 (45.54) 11.46 (100.14) 25.20 (109.02) 1,195.81 2,725.54 4.79 4.76 6,654.85 11.82 6 ,666.67 3,560.77 42.32 397.56 1,394.67 5,395.32 1,271.35 1,271.35 363.28 (58.86) 304.42 966.93 (11.95) 3.01 600.22 (151.06) 440.22 1,407.15 2,724.39 3.55 3.53 (Unaudited) 6,586.44 22.29 6,608 .73 3,669.89 52.80 407.55 936.73 5,066 .97 1,541.76 1,541.76 404.14 (55.71) 348.43 1,193.33 13.25 (4.63) (122.65) 42.86 (71.17) 1,122.16 2,720.61 4.39 4.36 (Unaudited) 13,926.76 24.22 13,950.98 7,184.25 80.90 828.66 2,864 .36 10,958 .17 2,992.81 2,992.81 808.17 (87.12) 721.05 2,271.76 (57.49) 14.47 500.08 (125.86) 331.20 2,602.96 2,725.54 8.34 8.29 (Unaudited) 12,985.60 1,303.80 14,289.40 7,517.44 93.80 768.26 1,771.42 10,150.92 4 ,138.48 4,138 .48 732.54 (76.62) 655.92 3,482 .56 30.19 (10.55) (733.60) 256.35 (457.61) 3,024.95 2,720.61 12.81 12.72 26,078.62 1,591.15 27,669.77 0.02 14,833.68 192.15 1,584.05 3,741.14 20,351.04 7,318.73 577.14 6,741.59 1,612.91 (328 .57) 1,284.34 5,457.25 84.87 (28.55) (605.92) 158.23 ( 391.37) 5,065.88 2,722.27 19,968.10 20.06 19.93
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KPIT TECHNOLOGIES LIMITED Registered & Corporate Office : Plot-17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase -Ill , Maan, Hinjawadi, Taluka - Mulshi, Pune - 411057 Phone : +91 20 6770 6000 I grievances@kpit.com I www.kpit.com I CIN : L 74999PN2018PLC174192 PART II: STANDALONE BALANCE SHEET ~in milUon Particulars 30 September 2026 31 March 2026 (Unaudited) (Audited) A ASSETS 1 Non-current asset s a. Property, plant and equipment 1,714.82 1,799.35 b. Right-of-use assets 1,558.04 1,723.47 C. Capital work-in-progress 25.70 2.91 d. Other intangible assets 631.75 248.09 e. Intangible assets under development 220.24 - f. Financial assets Investments 20,403.21 19,048.10 Other financial assets 154.58 149.76 g. Deferred tax assets (net) 680.20 704.47 h. Non -cur rent tax assets (net) 258.14 290.39 i. Other non-current assets 79.47 65.05 Total non- current assets 25,726.15 24,031 .59 2 Current asset s a. Financial assets Investments 180.45 3.01 Trade receivables Billed 2,877.51 3,943.36 Unbilled 1,492.38 774 .26 Cash and cash equivalents 561.56 314.16 Bank balances other than cash and cash equivalents above 101.84 223.74 Other financial assets 353.80 632.84 b. Other current assets 1,075.09 822.19 Total current assets 6,642.6 3 6,713.56 TOTAL ASSETS 32,368 .78 30,745.15 B EQUITY AND LIABIL ITIES Equity a. Equity share capital 2,725.54 2,722.27 b. Other equity 21,239.54 19,968.10 Total equity 23,965 .08 22,690 .37 Liabilit ies 1 Non-current liabilitie s a. Financia l liabil ities Lease liabilities 1,024.58 1,180.97 b. Provisions 1,409.56 1,221.89 Total non-cu rrent liabilit ies 2,434.14 2,402.86 2 Curre nt liabiliti es a. Financial liabilities Lease liabilities 387.49 395.73 Trade payables (i) Total outstanding dues of micro enterprises and small enterprises 12.59 63.91 (ii) Total outstanding dues of creditors other than micro enterprises and small enterprises 1,541.32 1,121.56 Other financial liabilities 971.86 1,133.02 b. Other current liabilities 2,670.58 2,332.11 C. Provisions 261.08 238.40 d. Current tax liabilities (net) 124.64 367.19 Total current liabil ities 5,969 .56 5,651 .92 Total liabilities 8 ,403.70 8 ,054.78 TOTAL EQUITY AND LIABILITIES 32 ,368.78 30,745.15
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KPIT TECHNOLOGIES LIMITED Registered & Corporate Offi ce : Plot-17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase-Ill, Maan , Hinjawadi, Taluka - Mulshi , Pune - 411057 Phone: +97 20 6770 6000Igrievances@kpit.comIwww.kpit.com I GIN: L74999PN2018PLC174192 Select explanatory notes to the Statement of Unaudited Standalone Financial Results for the quarter and half year ended 30 September 2026 1 The above unaudited standalone financia l results have been reviewed by the Audit Committee and thereafter approved and taken on record by the Board of Directors in their meetings held on 28 October 2026. These unaudited standalone financial results have been prepared in accordance with the Indian Accounting Standards ("Ind-AS") as per the Companies (Indian Accounting Standards) Rules , 2015, as amended from time to time, notified under section 133 of the Compa nies Act, 2013 ("Act") and other relevant provisions of the Act. 2 The Statutory auditors of the Company have conducted a limited review of the above unaudited standa lone financial resu lts of the Company for the quarter and half year ended 30 September 2026. An unqualified review conclusion has been issued by them thereon . 3 Details of foreign exchange loss included in above results: it in million Particulars Quarter ended Half Vear ended Vear ended 30 September 30 June 2026 30 September 30 September 30 September 31 March 2026 Foreign exchange loss (net) included in other expenses 2026 (Unaudited) 56.02 (Unaudited) 193.18 2025 (Unaudited) 113.71 2026 (Unaudited) 249.20 2025 {Unaudited) 238.03 4 Details of net unrealised gain/ loss on investments carried at fair value through profit or loss included in above results: Particular s Net unrealised gain on investments carried at fair value through profit or loss inc luded in other income Net unrealised loss on investments carried at fair value through profi t or loss inc luded in other expenses 30 September 2026 (Unaudited) - 0.21 Quarter ended 30 June 2026 (Unaudited) 0.65 - Half Vear ended 30 September 30 September 30 September 2025 2026 2025 {Unaudited) (Unaudited) (Unaudited) 0.64 0.44 1.59 - - - (Audited) 570 .02 :fin million Vear ended 31 March 2026 (Audited) 0.01 5 During the quarter ended 31 March 2026, the Company sold its holding in N-Dream AG, to its wholly owned subsid iary, KPIT Technologies (UK) Limited for a tota l consideration of t 750.71 million and a gain on sale of investment of t 255.98 million was recognised under "Other income " in the Standalone Statement of Profit and Loss account. 6 During the half year ended 30 September 2025, the Company had received dividend of t 709.79 million and t 500 .00 million from its wholly owned subsidiaries KPIT Technologies GK, Japan and Path Partner Technology Private Limited, India respectively. 7 On 21 November 2025, the Government of India notified the four Labour Codes. During the previous year, consider ing the materiality and regulatory-driven, non-recurring nature of this impact, the Company had presented an incremental impact on Employee Benefit Obligations under "Exceptional items " in the Standalone Statement of Profit and Loss account. 8 Where financial resu lts contain both consolidated financial results and standalone financial results of the parent, segment information is required to be presented only in the consolidated financial results. Accordingly, segment information has been presented in the consolidated financial results. 9 The standalone results of the Company are available on the Company's w ebsite, www.kpit.com and also on the webs ite of the BSE Lim ited, www.bseindia.com and National Stock Exchange of India Limited, www.nseindia.com , where the shares of the Company are listed. 10 Statement of Cash flows is attached in Annexure A. Place: Pune Date : 28 October 2026 For and on behalf of the Board of Directors of KPIT TECHNOLOGIES LIMITED Sachin Ti e ar ',,resident & Joint Managing Director DIN: 02918460
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KPIT TECHNOLOGIES LIMITED Registered & Corporate Office : Plot-17, Rajiv Gandh i lnfotech Park, MIDC- SEZ, Phase- Il l, Maan, Hinjawadi , Taluka - Mulshi, Pune - 411057 Phone: +91 20 6770 6000Igrievances@kpit.comIwww. kpit.com I CIN : L74999PN2018PLC174192 ANNEXURE A: STANDALONE STATEMENT OF CASH FLOWS Particular s Half Year ended A CASH FLOW FROM OPERATING ACTIVITIES Profit before tax for the period/year Adjustments for: Depreciation and amortisation expense Finance costs Interest income Dividend income Property , plant and equipments and other intangible assets written off Net (gain)/loss on disposal of proper ty, plant and equipments Unrealised (gain)/loss on investment carried at fair value through profit or loss (net) Realised (gain)/loss on investment carried at fair value t hrough profit or loss (net) Gain on sale of st ake in N-Dre am AG (Refer note 5) Allowances for doubtful trade receivables, other financial assets and advances (net) Share based compensation expenses Net unrealised foreign exchange loss/(gain) Others Operating profit before working capital changes Adjustments for changes in working capital: Trade receivables Other financial assets and ot her assets Trade payables Other financial liabilities, other liabili t ies and provisions Cash generated from operations Income taxes paid (net) Net cash generated from operating activities (A) B CASH FLOW FROM INVESTING ACTIVITIES Purchase of proper ty, plant and equipment and int angible assets Proceeds from sale of property, plant and equipment Investment in subsidiaries Investmen t in mutual fund Proceeds from sale of investment in mutual fund Proceeds from sale of investments carried at fair value through profit or loss Proceeds from sale of st ake in N-Dream AG Interest received Dividend received Amount placed in deposits Amount realised from deposits Net cash used in investing activities (B) C CASH FLOW FROM FINANCING ACTIVITIES Repayment of long term loan from banks Principal payment of lease liabilities Proceeds from working capital loan Repayment of working capital loan Proceeds from shares issued by Employee Welfare Trus t Dividend paid Finance cost paid (including interest on lease liabilities) Net cash used in financing activities (C) Net (decrease)/increase in cash and cash equivalents (A + B + C) Cas h and cash equivalents at the beginning of the period/year Exchange differences on translat ion of foreign currency cash and cash equivalents Cash and cash equivalents at the end of the period/year 30 September 2026 (Unaudited) 2,992.81 828.66 80.90 (15.87) - 0.52 - (0.44) (7.81) - 195.70 41.50 46.21 (2.00) 4,160 .18 144.87 (154.56) 372.55 599.69 5,122 .73 (1,018.47) 4,104 .26 (920.85) 0.52 (1,355.11) (3,777.00) 3,607.63 - 195.28 12.53 - (97.39) 212.63 (2,121 .7 6) - (205.13) 2,406.82 (2,406.82) 3.31 (1,430.54) (80.90) (1,713.26) 269.24 314.16 (21.84) 561.56 30 September 2025 (Unaudited ) 4,138.48 768.26 93.80 (42.05) (1,209.91) 0.23 (17.34) (1.59) (31.49) - (37.79) 102.56 (57.53) (0.27) 3,705 .36 571.01 (163.39) 95.50 332.26 4,540 .74 (947.38) 3,593 .36 (532.09) 17.34 (5,206.61) (6,220.00) 6,206.24 0.73 - 89.94 1,209.91 (131.00) 745.40 (3,820.14) (0.59) (98.39) 1,230.62 - 4.10 (1,631.57) (85.63) (581.46) (808 .24) 1,332.0 4 5.38 529.18 ~ in million Year ended 31 March 2026 (Audited) 6,741.59 1,584.05 192.15 (71.65) (1,209.96) 0.37 (16.59) (0.01) (35.49) (255.98) (38.59) 187.17 (98.32) 0.02 6,978.76 (746.64) (226.46) 150.45 1,162.98 7,319.09 (1,426.91) 5,892.18 (1,062.57) 17.35 (7,390.71) (6,861.00) 8,547.23 8.46 564.34 116.31 1,210.39 (343.77) 1,004.0 1 (4,189.96) (0.59) (278.11) 2,689.16 (2,689.16) 5.76 (2,243.89) (207.63) (2,724.46) (1,022.24) 1,332.04 4.36 314.16
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B S R & Co. LLPChartered Accountants8th Floor, Unit 802, Godrej Koregaon Park North Main Road, Mundhwa Pune, Maharashtra, 411001 Telephone: +91 (20) 4061 2200 Registered Office:B S R & Co. (a partnership firm with Registration No. BA61223) converted into B S R & Co. LLP (a Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 201314th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063Page 1 of 1 Limited Review Report on unaudited standalone financial results of KPIT Technologies Limited for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amendedTo the Board of Directors of KPIT Technologies Limited1. We have reviewed the accompanying Statement of unaudited standalone financial results of KPIT Technologies Limited (hereinafter referred to as “the Company”) for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 (“the Statement”) (in which are included interim financial information from KPIT Technologies Limited Employee Welfare Trust (ESOP trust)).2. This Statement, which is the responsibility of the Company’s management and approved by its Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”). Our responsibility is to issue a report on the Statement based on our review.3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.For B S R & Co. LLPChartered AccountantsFirm’s Registration No.:101248W/W-100022Shiraz VastaniPartnerPuneMembership No.: 10333428 October 2026UDIN:26103334LQCOMC1234
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October 28, 2026 To, National Stock Exchange of India Limited Exchange Plaza, C/ 1, G Block, Bandra - Kurla Comp lex, Bandra (E), Mumbai - 400051. Symbol: KPITTECH Series: EQ Dear Sir / Madam, Kind Attn: The Manager, Listing Depa rtment KP 11· Subject : - Un-Aud ited f inancia l res ults of KPIT Techno logies Li mited ("the Company") for the quarter and half year ended September 30, 2026. With reference to the captioned subject, we wish to submit t hat there is a difference of Rs. 75.90 million in the paid- up equ ity share cap ital of the Company as reported in the sharehold ing pattern submit t ed for the qua rter ended September 30, 2026, (Rs. 2,741.43 m illion) and un - audited financ ial resu lts for the quar t er ended Sep t embe r 30, 2026, (Rs. 2,725.53 mil lion) o n accou nt of eliminat ion of shares held by KPIT Technologies Employees Welfa re Trust (the "Trust') as the Company consolidates the financials of the Trust . The Trust holds 1.59 m illion equ ity shares in the Company (total face value of Rs. 15.90 million Rs. 10/- per share) as on September 30, 2026 . Request you to please take note of the same. Thanking you . Yours faithfully, For KPIT Technologies Limited 1sh Malhotra General Counsel & Company Secretary KPIT Technologies Ltd. Registered & Corporat e Off ice: Plot No. 17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase-I ll, Maan. Taluka-Muls hi, Hinjawad i, Pune-41 1057, India. CIN: L74999PN2018PLC174192 0 +91 20 6770 6000 E info@kpit.com W kpit.com