KPIT Cummins net up marginally

KPIT Cummins today reported a marginal increase in its net profit at Rs 21.37 crore for the third quarter ended December 31, 2009.

Net sales also witnessed a slight increase of 4.3% at Rs 184.7 crore on a quarter-on -quarter basis.

The stock is currently quoting at Rs 127, down 6% from its previous close.