KPIT Technologies Ltd.

KPIT Technologies has reported results for fourth quarter and year ended March 31, 2022.

The company has reported 91.84% rise in its net profit at Rs 86.23 crore for the quarter under review as compared to Rs 44.95 crore for the same quarter in the previous year. Total income of the company increased by 53.03% at Rs 373.33 crore for Q4FY22 as compared Rs 243.96 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 52.78% rise in its net profit at Rs 80.59 crore for the quarter under review as compared to Rs 52.75 crore for the same quarter in the previous year. Total income of the company increased by 21.62% at Rs 664.81 crore for Q4FY22 as compared Rs 546.64 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported 2-fold jump in its net profit at Rs 238.12 crore as compared to Rs 93.53 crore for the previous year. Total income of the company increased by 53.36% at Rs 1258.26 crore for year under review as compared to Rs 820.44 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported above 1- fold jump in its net profit at Rs 276.24 crore as compared to Rs 147.10 crore for the previous year. Total income of the company increased by 20.75% at Rs 2477.20 crore for year under review as compared to Rs 2051.50 crore for year ended March 31, 2021.