Birlasoft Ltd.
14.30 (3.41%) KPIT Technologies reports 30% rise in Q1 consolidated net profit
Date: 21-07-2016KPIT Technologies has reported results for first quarter ended June 30, 2016.
The company has reported 1.86% rise in its net profit at Rs 58.17 crore for the quarter ended June 30, 2016 as compared to Rs 57.11 crore for the same quarter in the previous year. Total income of the company increased by 5.40% to Rs 340.33 crore for the quarter under review from Rs 322.89 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 30.08% rise in its net profit after taxes, minority interest and share of profit of associates at Rs 55.05 crore for the quarter ended June 30, 2015 as compared to Rs 42.32 crore for the same quarter in the previous year. Total income of the company increased by 5.92% at Rs 814.80 crore for Q1FY17 as compared to Rs 769.27 crore for the corresponding quarter previous year.