NewKerala.com

KPIT Technologies Founder Ravi Pandit Passes Away at 71

KPIT Technologies founder and chairman Ravi Pandit passed away in Pune at age 71. He built KPIT into a global mobility technology company focused on automotive software and engineering solutions. Pandit was actively involved in public policy and social initiatives, co-founding institutions like Pune International Centre. The company recently reported a 33% drop in quarterly net profit despite a revenue increase.

Key Points: KPIT Founder Ravi Pandit Dies at 71

  • Ravi Pandit, KPIT founder, dies at 71 in Pune
  • Built KPIT into a global mobility tech firm in 15 countries
  • Co-founded Pune International Centre and Janwani
  • Company reported 33% profit fall in Q4 FY26
2 min read

KPIT Technologies founder Ravi Pandit passes away at 71

Ravi Pandit, founder and chairman of KPIT Technologies, passed away at 71. He built the company into a global mobility tech leader.

"He played a major role in building KPIT Technologies into a global mobility technology company - KPIT Technologies"

New Delhi, May 8

KPIT Technologies founder and Chairman Ravi Pandit passed away in Pune on Friday at age of 71, the company said in a regulatory filing.

Dr. S.B. (Ravi) Pandit was the Chairman and Co-Founder of the K&P Group and played a major role in building KPIT Technologies into a global mobility technology company focused on automotive software and engineering solutions.

Under his leadership, KPIT Technologies expanded its presence across 15 countries, providing software-defined mobility solutions for the automotive sector, including autonomous driving, electrification and clean energy technologies.

Apart from his corporate leadership, Pandit was actively associated with several public policy, sustainability and social initiatives.

He co-founded institutions such as Pune International Centre and Janwani, and supported policy research initiatives through the Centre for Sustainable Development at the Gokhale Institute of Politics and Economics (GIPE).

Pandit has represented Indian industry on various national platforms, including as President of the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA), and contributed to multiple committees of the Confederation of Indian Industry (CII).

KPIT Technologies shares were trading 1.37 per cent higher at Rs 732.50 apiece on the BSE on Friday. The stock has touched a 52-week high of Rs 1,433 and a 52-week low of Rs 625 on the exchange.

Earlier this week, the company reported a 33 per cent year-on-year fall in consolidated net profit to Rs 163 crore for the March quarter, compared to Rs 245 crore in the corresponding period last year.

Despite the decline in profit, the company posted a 12 per cent increase in revenue from operations to Rs 1,711 crore in Q4 FY26, against Rs 1,528 crore a year earlier.

- IANS

Share this article:

Reader Comments

A
Aman W
Sad to hear this. KPIT has been a pillar for Pune's IT ecosystem. His work with Janwani and Pune International Centre shows he truly cared about society beyond just profits. The stock moving up today despite profit drop shows market confidence in his work. A true visionary.
S
Sneha F
The way he contributed to public policy and sustainability is something many corporate leaders can learn from. Building a global mobility tech company from Pune is no joke. But I hope KPIT's board focuses more on innovation now, especially with the declining profits this quarter. Respectful criticism, but we need to honor his legacy by growing the company he built.
J
James A
Rest in peace, Ravi Pandit. It's inspiring to see an Indian tech founder who focused on automotive software and electrification long before it became mainstream. KPIT's presence in 15 countries is remarkable. My condolences to the family and the KPIT team.
M
Meera T
Heartbreaking news for the startup and tech community. He was a pioneer in making India a hub for automotive software. But let's also acknowledge that profit fell 33% this quarter—leadership transitions are critical now. Hope the board steers the ship well. His social work through Centre for Sustainable Development will live on. 💔
N
Naveen S
A great Indian entrepreneur who put Pune on the global tech map. His role in autonomous driving and clean energy solutions was ahead of its time. While I'm saddened, I'm also worried about the profit decline—let's hope KPIT's next chapter honors his legacy. A true gem of Indian industry. 🕯️

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50