Birlasoft Ltd.

KPIT Cummins Infosystems has reported results for the fourth quarter & year ended March 31, 2013.

The company has reported a fall of 30.23% in its net profit at Rs 23.49 crore in Q4FY13 as compared to net profit of Rs 33.67 crore in the same quarter previous year. The total income from operation of the company rose marginally by 0.40% to Rs 165.99 crore as compared to Rs 165.33 crore in corresponding quarter last year.

On consolidated basis, the group has reported a rise of 17.07% in its net profit after taxes, minority interest and share of profit/ loss of associates at Rs 51.17 crore in quarter under review as compared to Rs 43.71 crore in same period previous year. Total income from operation on consolidated basis has increased by 18.72% to Rs 569.86 crore as against Rs 480.01 crore in a year ago period.

For the full year, the company has reported a net profit of Rs 103.05 crore for the year ended March 31, 2013, a jump of 38.01% as compared to Rs 74.67 crore for the year ended March 31, 2012. Total income from operation has increased to Rs 715.24 crore in FY13 from Rs 612.89 crore in FY12, up by 16.70%.

On consolidated basis, the group has registered 36.92% rise in net profit after taxes, minority interest and share of profit/ loss of associates at Rs 199.01 crore in FY13 as against Rs 145.35 crore in previous year. The total income from operation of the company has increased to Rs 2238.63 crore as compared to Rs 1500.01 crore in FY12, up by 49.24%.