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 Q2 consolidated net profit

Date: 22-10-2020

KPIT Technologies has reported results for second quarter ended September 30, 2020.

The company has reported 68.66% fall in its net profit of Rs 26.90 crore for the quarter under review as against net profit of Rs 85.84 crore for the same quarter in the previous year. Total income of the company decreased 36.19% at Rs 193.35 crore for Q2FY21 as compared Rs 302.99 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 22.33% fall in its net profit attributable to owners at Rs 27.89 crore for the quarter under review as against net profit of Rs 35.91 crore for the same quarter in the previous year. Total income of the company decreased by 11.77% at Rs 487.98 crore for Q2FY21 as compared Rs 553.10 crore for the corresponding quarter previous year.