• Near-term growth guidance: Performance in Q2 is expected to be flattish to slightly positive with some profitability improvement, before growth accelerates in the second half driven largely by Q4.
• Off-highway vertical: Strong growth is projected to become visible from next quarter onwards, fueled by strong client performance and expansion into areas like infrastructure and power generation.
• European market strategy: Despite geopolitical pressures and Chinese competition facing European OEMs, KPIT is supporting clients with cost-reduction offerings and faster vehicle development cycles.
• Automotive AI platform: The company has developed a high-accuracy, automotive-specific AI platform for autonomous systems, validation, and after-sales, partnering globally with Microsoft for market rollout.