KPIT Expects Asia Growth to Return by FY27 After Temporary Slowdown
Earnings
C
CNBC TV18•30-01-2026, 13:08
KPIT Expects Asia Growth to Return by FY27 After Temporary Slowdown
- •KPIT Technologies anticipates Asia growth to resume by fiscal year 2026-27 (FY27) despite a temporary slowdown caused by the winding down of large client programmes.
- •Sachin Tikekar, Joint Managing Director, noted that growth is expected in key Asian markets like India, China, and Southeast Asia as new programmes ramp up.
- •The US business is also showing signs of stabilization and is projected to return to growth in Q4 and early next year, driven by trucks and off-highway vehicle segments.
- •KPIT reported a less than 1% organic revenue de-growth in Q3, but expects Q4 to be its best quarter for revenue growth and improved margins.
- •The company is transitioning from a services to an AI-infused solutions model, aiming for efficiency and better client problem-solving, despite some cannibalization of its services business.
Why It Matters: KPIT expects Asia and US markets to rebound by FY27, driven by new programs and a shift to AI-infused solutions.
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