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KPIT Technologies reports 37% rise in Q2 consolidated net profit

Date: 25-10-2018

KPIT Technologies has reported results for second quarter ended September 30, 2018.

The company has reported a rise of 46.80% in its net profit at Rs 55.08 crore for the quarter under review as compared to Rs 37.52 crore for the same quarter in the previous year. Total income of the company increased by 24.64% at Rs 452.17 crore for Q2FY19 as compared Rs 362.78 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 37.41% in its net profit at Rs 82.06 crore for the quarter under review as compared to Rs 59.72 crore for the same quarter in the previous year. Total income of the company increased by 17.09% at Rs 1,085.87 crore for Q2FY19 as compared Rs 927.42 crore for the corresponding quarter previous year.