KPIT Technologies Limited Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014
January 21, 2015 at 07:24 am EST
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KPIT Technologies Limited reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported net sales/income from operations of INR 7,798.133 million compared to INR 6,779.369 million a year ago. Profit from operations before other income finance costs and exceptional items was INR 860.479 million compared to INR 900.343 million a year ago. Profit from ordinary activities before tax was INR 840.667 million compared to INR 846.134 million a year ago. Profit for the period was INR 653.280 million compared to INR 607.785 million a year ago. Diluted earnings per share were INR 3.26 compared to INR 3.06 a year ago. Cash Generated from operations was INR 42.00 million. EBITDA was INR 1,085.21 million against INR 1,042.21 million. Capital expenditure for the quarter stood at INR 168 million including CWIP.
For the half year, the company reported net sales/income from operations of INR 22,269.234 million compared to INR 19,939.127 million a year ago. Profit from operations before other income finance costs and exceptional items was INR 2,283.829 million compared to INR 2,676.910 million a year ago. Profit from ordinary activities before tax was INR 2,338.821 million compared to INR 2,582.182 million a year ago. Profit for the period was INR 1,866.790 million compared to INR 1,876.521 million a year ago. Diluted earnings per share before and after extraordinary items were INR 9.32 compared to INR 9.47 a year ago.
Birlasoft Limited is an India-based company, which provides cloud, artificial intelligence (AI), and digital technologies, combining domain expertise with enterprise solutions. The Company provides software development, global information technology (IT) consulting to its clients, predominantly in banking, financial services and insurance, life sciences and services, energy resources and utilities and manufacturing (which mainly includes discrete manufacturing, hi-tech & media, auto and consumer packaged goods) verticals. The Company's services include digital, enterprise technologies and services, and cloud and infrastructure. Its digital services include customer experience, data analytics, connected products, intelligent automation, cloud, blockchain and generative AI. Its enterprise technologies and services include Oracle and JD Edwards, SAP, Infor, Microsoft, PTC, AWS and Google Cloud. Its Cloud and Infrastructure services include OneCloud, Anywhere Workplace and Cybersecurity.