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KPIT Technologies reports 5% fall in Q3 consolidated net profit

Date: 16-01-2019

KPIT Technologies has reported results for third quarter ended December 31, 2018.

The company has reported a fall of 46.97% in its net profit at Rs 25.80 crore for the quarter under review as compared to Rs 48.65 crore for the same quarter in the previous year. Total income of the company increased by 3.61% at Rs 219.07 crore for Q3FY19 as compared Rs 211.43 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 4.89% in its net profit at Rs 64.93 crore for the quarter under review as compared to Rs 61.90 crore for the same quarter in the previous year. Total income of the company fall by 0.49% at Rs 566.70 crore for Q3FY19 as compared Rs 569.47 crore for the corresponding quarter previous year.