KPIT Technologies Ltd.

BSE: 542651 | NSE: KPITTECH
Small Cap | IT - Software
1189.40
10.45 (0.89%)
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KPIT Technologies reports 22% fall in Q1 consolidated net profit

Date: 04-08-2020

KPIT Technologies has reported results for first quarter ended June 30, 2020.

The company has reported 53.55% fall in its net profit of Rs 14.58 crore for the quarter under review as against Rs 31.39 crore for the same quarter in the previous year. Total income of the company decreased 14.71% at Rs 178.06 crore for Q1FY21 as compared Rs 208.78 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 21.73% fall in its net profit attributable to owners at Rs 24.02 crore for the quarter under review as against Rs 30.69 crore for the same quarter in the previous year. Total income of the company decreased by 2.30% at Rs 495.55 crore for Q1FY21 as compared Rs 507.21 crore for the corresponding quarter previous year.