KPIT Technologies consolidated net profit declines 42.06% in the March 2017 quarter

Sales rise 2.00% to Rs 857.57 crore

Net profit of KPIT Technologies declined 42.06% to Rs 53.73 crore in the quarter ended March 2017 as against Rs 92.73 crore during the previous quarter ended March 2016. Sales rose 2.00% to Rs 857.57 crore in the quarter ended March 2017 as against Rs 840.72 crore during the previous quarter ended March 2016.

For the full year,net profit declined 15.08% to Rs 238.54 crore in the year ended March 2017 as against Rs 280.90 crore during the previous year ended March 2016. Sales rose 2.97% to Rs 3320.05 crore in the year ended March 2017 as against Rs 3224.29 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales857.57840.72 2 3320.053224.29 3 OPM %10.1515.73 -10.5013.47 - PBDT88.25136.10 -35 355.69445.88 -20 PBT63.46118.14 -46 273.03376.75 -28 NP53.7392.73 -42 238.54280.90 -15

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