Birlasoft Ltd.

KPIT Technologies has reported results for second quarter ended September 30, 2016.

The company has reported 35.22% rise in its net profit at Rs 49.15 crore for the quarter under review as compared to Rs 36.35 crore for the same quarter in the previous year. Total income of the company increased by 6.34% at Rs 345.47 crore for Q2FY17 as compared Rs 324.88 crore for the corresponding quarter previous year. 

On the consolidated basis, the company has reported 23.88% fall in its net profit after tax, minority interest and share of profit of associates of Rs 56.18 crore for the quarter ended September 30, 2016 as compared to Rs 73.80 crore for the same quarter in the previous year. However, total income of the company has increased by 1.84% at Rs 835.91 crore for quarter under review as compared to Rs 820.83 crore for the quarter ended September 30, 2015.