KPIT Cummins has reported a rise of 66.01% at Rs 43.71 crore in its consolidated net profit for the fourth quarter ended March 31, 2012. The company had reported a net profit of Rs 26.33 crore in the same period last fiscal.
The revenue of the company during the quarter also increased by 61.51% at Rs 480 crore compared to Rs 297.2 crore for the same period a year ago.
For the year ended March 31, 2012, the company reported a 53.68% increase in its net profit at Rs 145.35 crore compared to Rs 94.58 in the last fiscal. The company’s total income up by 51.98% at Rs 1,500 crore by end of FY12 compared to Rs 987 crore at the end of fiscal 2010-11.
