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KPIT Technologies reports 40% rise in Q1 consolidated net profit

26 Jul 2018 Evaluate

KPIT Technologies has reported results for first quarter ended June 30, 2018.

The company has reported a 2 fold jump its net profit at Rs 59.16 crore for the quarter under review as compared to Rs 27.84 crore for the same quarter in the previous year. Total income of the company increased by 32.60% at Rs 433.98 crore for Q1FY19 as compared Rs 327.28 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 39.64% in its net profit at Rs 77.43 crore for the quarter under review as compared to Rs 55.45 crore for the same quarter in the previous year. Total consolidated income of the company increased by 16.73% at Rs 1,030.04 crore for Q1FY19 as compared Rs 882.41 crore for the corresponding quarter previous year.

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Company Name CMP
TCS 2083.95
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