New Delhi, May 8: Ravi Pandit, the founder and chairman of KPIT Technologies, passed away on Friday in Pune at the age of 71. This information was confirmed by the company through an exchange filing.
Dr. S.B. (Ravi) Pandit was the chairman and co-founder of the K&P Group. He played a pivotal role in establishing KPIT Technologies as a global mobility technology company focused on automotive software and engineering solutions.
Under his leadership, KPIT Technologies expanded its presence to 15 countries, providing mobility software solutions to the automotive sector, including autonomous driving, electrification, and clean energy technologies.
In addition to his corporate leadership, Pandit was actively involved in various public policy, sustainable development, and social initiatives. He co-founded institutions such as the Pune International Centre and Janwani, and supported policy research initiatives through the Gokhale Institute of Politics and Economics (GIPE) Sustainable Development Centre.
Pandit represented the Indian industry on various national platforms, including serving as the chairman of the Maratha Chamber of Commerce, Industries and Agriculture (MCCIA) and contributing to several committees of the Confederation of Indian Industry (CII).
During the session, KPIT Technologies’ shares traded at ₹726, reflecting a 0.61% increase on the BSE. The stock’s 52-week high is ₹1,433, while its 52-week low is ₹625.
Earlier this week, the company reported a 33% year-on-year decline in consolidated net profit for the March quarter, dropping to ₹163 crore from ₹245 crore during the same period last year. Despite the profit decline, the company recorded a 12% increase in operating revenue for the fourth quarter of FY 2026, rising to ₹1,711 crore from ₹1,528 crore in the previous year.
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