KPIT Technologies has reported results for third quarter ended December 31, 2016.
The company has reported 19.16% fall in its net profit at Rs 33.58 crore for the quarter ended December 31, 2016, as compared to Rs 41.54 crore for the same quarter in the previous year. However, the company’s total income increased by 5.85% to Rs 331.35 crore for the quarter under review from Rs 313.03 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 2.11% rise in its net profit after tax, minority interest and share of profit of associates at Rs 73.58 crore for the quarter ended December 31, 2016, as compared to Rs 72.06 crore for the same quarter in the previous year. Total income of the company increased by 2.02% at Rs 833.60 crore for quarter under review as compared to Rs 817.10 crore for the quarter ended December 31, 2015.
