Will meet FY20 growth guidance of 14-16%: V Teredesai, KPIT Tech
  • WebDesk BTVI
  • Jul 29 2019

Vineet Teredesai, CFO of KPIT Technologies, gives an overview of Q1 earnings of the company which mainly provides tech solutions to auto firms. He says in view of auto slowdown, KPIT Tech is focusing on the mobility sector. On business outlook, he says the firm is confident of meeting guidance for the financial year. The company has declared growth guidance at 14-16%. On the firm’s debt position, he says the long-term debt taken for Pune unit will be fully repaid by March 2021.