Acquisitions6 May 2026, 12:38 pm
KPIT Tech: Approves FY26 Results, ₹5.25 Dividend, Cymotive Stake
AI Summary
KPIT Technologies Ltd's board approved audited financial results for the quarter and year ended March 31, 2026, and recommended a final dividend of ₹5.25 per share. The board also approved the acquisition of a strategic stake in Cymotive Technologies LTD, an automotive cybersecurity specialist based in Israel. The acquisition aligns with KPIT's strategy to enhance its automotive cybersecurity capabilities and create AI solutions-led value for global OEMs.
Key Highlights
- KPIT approved audited standalone and consolidated financial results for FY26.
- A final dividend of ₹5.25 per share (52.5%) was recommended for FY26.
- KPIT will acquire a strategic stake in Cymotive Technologies, an automotive cybersecurity firm.
- The Cymotive acquisition strengthens KPIT's automotive cybersecurity capabilities.
- Cymotive's turnover in CY2025 was USD 19.2 Million.