Q4FY17 Results : KPIT Technologies
Amir Shaikh / 26 Apr 2017
The company reported PAT (adjusted) of Rs 53.7 crore, which represents a sequential QoQ increase of 26.65 per cent and a YoY decline of 35.25 per cent.
KPIT Ltd. reported its results for the quarter ended March 31, 2017 today.
The company's total sales for Q4FY17 were Rs 857.57 crore, which represent a 3.31 per cent sequential increase and 2.01 per cent YoY increase. In this quarter, the US contributed 55 per cent to total revenue.
Its operating profit (EBIT) for the quarter amounted to Rs 62.26 crore and its EBIT margin stood at 7.26 per cent.
The company reported PAT (adjusted) of Rs 53.7 crore, which represents a sequential QoQ increase of 26.65 per cent and a YoY decline of 35.25 per cent.
The board of director has recommended a dividend of Rs 2.2 on each equity share of Rs 2 face value.
The company's stock opened at Rs 131.7 on the BSE, fell by 1.26 per cent to close at Rs 129.4.
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