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Kpit Cummins reports strong Q1 numbers

Date: 22-07-2011

Kpit Cummins Infosystems has reported results for its first quarter ended June 30, 2011.

The company’s net profit for the quarter has zoomed by 197.52% at Rs 19.16 crore as compared to Rs 6.44 crore for the same quarter last year. Its sales has soared by 41.69% to Rs 149.98 crore for the quarter under review from Rs 105.85 crore for the corresponding quarter of the previous year.

KPIT Cummins Infosystems, a global IT consulting organization focused on the automotive and semiconductor sectors. The company is present in US, UK, Germany, France, Poland, Japan and India. It provides free technical support for NGOs and small schools in Pune. Top clients include Cummins, HP, Deutsche Bank, Unilever and Renesas.