KPIT Cummins Infosystems Ltd. Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
January 28, 2013 at 05:16 pm
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KPIT Cummins Infosystems Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales income from operations of INR 1,807.235 million compared to INR 1,541.503 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 425.636 million compared to INR 268.693 million a year ago. Profit from ordinary activities before tax was INR 267.219 million compared to INR 203.265 million a year ago. Net profit for the period was INR 193.653 million or INR 1.02 per diluted share before and after extraordinary items compared to INR 122.474 million or INR 0.68 per basic and diluted share before and after extraordinary items a year ago.
For the nine months period, the company reported net sales income from operations of INR 5,492.488 million compared to INR 4,475.627 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,420.586 million compared to INR 647.333 million a year ago. Profit from ordinary activities before tax was INR 1,064.520 million compared to INR 602.368 million a year ago. Net profit for the period was INR 795.592 million or INR 4.29 per diluted share before and after extraordinary items compared to INR 409.950 million or INR 2.28 per diluted share before and after extraordinary items a year ago.
Birlasoft Limited is an India-based company, which is engaged in providing information and communication, computer programming, consultancy, and related activities. The Company provides a range of services, which includes digital and enterprise technologies and services. Its digital services include data analytics, connected products, intelligence automation, connected products, cloud, and blockchain. Its enterprise technologies and services include customer relationship management, manufacturing, execution systems, product lifecycle management, supply chain management, information technology (IT) transformation, applications management, testing, infrastructure, and cloud technology. Its solutions include intelliAsset, TruView contract lifecycle management (CLM), Supplier Risk Rader, submission automation, and AKOYA. It serves various industries, which include automotive, banking, manufacturing, capital markets, insurance, media and entertainment, energy and resources, and others.