Net profit in the fourth quarter of the financial year of the IT service provider has eroded sharply by 26.06 per cent y-o-y at Rs 10.39 crore despite a phenomenal 26.51 per cent growth in turnover at Rs 164.84 crore.
KPIT has painted a glossy picture for the next year whereby the net profit is estimated to grow by 27-31 per cent between Rs 65-67 crore on a turnover of Rs 740-760 crore.
