India's KPIT Technologies gains after partnership with JSW Motors, quarterly results

KPIT Technologies

30/07/2025 11:02

** Shares of KPIT Technologies KPIE.NS rise 4% to 1,267 rupees

** JSW Motors and co formed partnership for software and digital for new energy vehicles portfolio

** Automotive software developer posted 12.8% Y/Y rise in consol revenue for Q1, consol net profit fell 15.8% Y/Y due to a 15.1% Y/Y jump in expenses

** Trading vols at 3.8 mln shares so far, over 3x the 30-day average

** KPIE down ~14% YTD

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))