KPIT Technologies Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014
January 21, 2015 at 07:45 am EST
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KPIT Technologies Limited reported unaudited standalone 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 2,975.509 million compared to INR 2,250.303 million a year ago. Profit from operations before other income finance costs and exceptional items was INR 153.609 million compared to INR 614.040 million a year ago. Profit from ordinary activities before tax was INR 129.955 million compared to INR 603.915 million a year ago. Profit for the period was INR 11.747 million compared to INR 472.987 million a year ago. Diluted earnings per share were INR 0.06 compared to INR 2.38 a year ago.
For the nine months, the company reported net sales/income from operations of INR 9,244.949 million compared to INR 6,493.860 million a year ago. Profit from operations before other income finance costs and exceptional items was INR 1,415.296 million compared to INR 1,713.490 million a year ago. Profit from ordinary activities before tax was INR 1,500.056 million compared to INR 1,311.361 million a year ago. Profit for the period was INR 973.837 million compared to INR 1,033.601 million a year ago. Diluted earnings per share before and after extraordinary items were INR 4.86 compared to INR 5.22 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.