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Kpit Cummins reports 26% jump in Q3 net profit

24 Jan 2012 Evaluate

Kpit Cummins Infosystems has reported results for its third quarter ended December 31, 2011.

The company has posted a 26.03% rise in net profit of Rs 12.25 crore for the quarter ended December 31, 2011 as compared to Rs 9.72 crore for the same quarter in the previous year. Total income has increased by 29.37% from Rs 119.15 crore for Q3FY11 to Rs 154.15 crore in the quarter under review.

KPIT Cummins Infosystems, a global IT consulting organization focused on the automotive and semiconductor sectors. The company is present in US, UK, Germany, France, Poland, Japan and India. It provides free technical support for NGOs and small schools in Pune. Top clients include Cummins, HP, Deutsche Bank, Unilever and Renesas.

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