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Kpit Cummins reports 16% fall in Q1 net profit

Date: 25-07-2012

Kpit Cummins Infosystems has reported results for first quarter ended June 30, 2012.

The company has registered a fall of 16.02% in its net profit at Rs 16.09 crore for the quarter under review as compared to Rs 19.16 crore for the same quarter in the previous year. However, the total income from operations of the company has increased by 18.35% at Rs 177.50 crore for Q1FY13 as compared Rs 149.98 crore for the corresponding quarter previous year.

KPIT Cummins Infosystems, an IT consulting and product engineering partner, is focused on co-innovating domain intensive technology solutions for global automotive & transportation, manufacturing and energy & utilities companies.