financetom
Business
financetom
/
Business
/
KPIT Tech looking at organic revenue growth of 20% in 2-3 years
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
KPIT Tech looking at organic revenue growth of 20% in 2-3 years
Mar 1, 2023 7:40 AM

Kishor Patil, the MD and CEO of KPIT Technologies, spoke to CNBC-TV18 from the NASSCOM Tech Forum and shared some insights about the company's growth plans and focus areas. He mentioned that the company's organic revenue can continue to see a 20 percent growth rate over the next 2-3 years.

Share Market Live

NSE

Patil said, “In the next two, three years, we will have a robust growth that I have said. Of course 30 percent plus is part of organic and inorganic. But I think our organic growth has been strong even in this year 24-25 percent."

He also revealed that KPIT Tech has some large deals in the pipeline, including Renault. However, the company is watchful of a few clients among startups and disruptors.

He added, “I always keep on talking about it. It's not necessarily about announcing a deal because this is our normal business. But sometimes the client is also interested or keen in announcing the deals that's a very rare actually. So when it happens, we announce it.”

Read Here | February auto sales: M&M auto sales grow 8%, Ashok Leyland up 27% — check how other automakers performed here

In terms of budget cuts, Kishor Patil mentioned that the company has not seen any significant budget cuts with any of its clients. The focus, according to him, is on the quality of hires for the company.

He said, “Our area of focus for us is improving the quality of hire that is what we have to continue to do it. We believe that we are getting into more complex projects, we require apart from software skills also, very good domain knowledge so we are looking at increasing our quality of hires, both from the colleges but laterally more and globally. So I think that is one area where we are focusing on.”

Read Here | Moody’s raises growth projections for major economies including India

(Edited by : Pradeep John)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Becton, Dickinson Fiscal Q2 Adjusted Earnings, Revenue Rise; Fiscal 2025 Outlook Revised
Becton, Dickinson Fiscal Q2 Adjusted Earnings, Revenue Rise; Fiscal 2025 Outlook Revised
May 25, 2025
06:59 AM EDT, 05/01/2025 (MT Newswires) -- Becton, Dickinson ( BDX ) reported fiscal Q2 adjusted earnings Thursday of $3.35 per diluted share, up from $3.17 a year earlier. Analysts polled by FactSet expected $3.28. Revenue for the quarter ended March 31 was $5.27 billion, up from $5.05 billion a year earlier. Analysts surveyed by FactSet expected $5.35 billion. For...
Harley-Davidson pulls annual forecasts over tariff concerns
Harley-Davidson pulls annual forecasts over tariff concerns
May 25, 2025
(Reuters) - Harley-Davidson ( HOG ) on Thursday suspended its annual forecasts as the motorbike maker navigates headwinds related to U.S. President Donald Trump's tariffs. The results come at a time when Trump's vacillating tariff policy is upending companies across sectors, with many pulling their annual forecasts. Rival Polaris, which makes the Indian brand of motorcycles, withdrew its annual sales...
Thomson Reuters Q1 Adjusted Earnings, Revenue Rise; Reaffirms 2025 Revenue Growth Outlook
Thomson Reuters Q1 Adjusted Earnings, Revenue Rise; Reaffirms 2025 Revenue Growth Outlook
May 25, 2025
06:58 AM EDT, 05/01/2025 (MT Newswires) -- Thomson Reuters ( TMSOF ) reported Q1 adjusted earnings Thursday of $1.12 per diluted share, up from $1.11 a year earlier. Analysts polled by FactSet expected $1.07. Revenue for the quarter ended March 31 was $1.90 billion, compared with $1.89 billion a year earlier. Analysts surveyed by FactSet expected $1.99 billion. For Q2,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved