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KPIT Technologies reports two fold jump in Q4 net profit

Date: 29-04-2014

KPIT Technologies has reported results for fourth quarter and year ended March 31, 2014

The company, on standalone basis, has reported over two fold jump in its net profit at Rs 45.80 crore for the quarter ended March 31, 2014 as compared to Rs 22.70 crore for the same quarter in the previous year. Total income from operations of the company has increased by 62.81% at Rs 270.25 crore for quarter under review as compared to Rs 165.99 crore for the quarter ended March 31, 2013.

For the year ended March 31, 2014, the company has posted a jump of 44.75% in its net profit at Rs 149.16 crore as compared to Rs 103.05 crore for the same period in the previous year. Total income from operations of company has increased by 24.45% at Rs 890.09 crore for year under review as compared to Rs 715.24 crore for the period ended March 31, 2013.