KPIT Technologies standalone net profit declines 58.36% in the March 2017 quarter

Sales decline 1.74% to Rs 321.07 crore

Net profit of KPIT Technologies declined 58.36% to Rs 28.39 crore in the quarter ended March 2017 as against Rs 68.18 crore during the previous quarter ended March 2016. Sales declined 1.74% to Rs 321.07 crore in the quarter ended March 2017 as against Rs 326.74 crore during the previous quarter ended March 2016.

For the full year,net profit declined 16.68% to Rs 169.29 crore in the year ended March 2017 as against Rs 203.17 crore during the previous year ended March 2016. Sales rose 4.57% to Rs 1319.56 crore in the year ended March 2017 as against Rs 1261.86 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales321.07326.74 -2 1319.561261.86 5 OPM %14.5324.23 -19.8523.04 - PBDT47.5281.69 -42 269.38307.75 -12 PBT27.1666.42 -59 198.24249.38 -21 NP28.3968.18 -58 169.29203.17 -17

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