KPIT Technologies Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018
January 15, 2019 at 05:58 pm IST
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KPIT Technologies Limited announced unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2018. For the quarter, on consolidated basis, revenue from operations were INR 5,636.96 million compared to INR 5,644.05 million for the same period a year ago. Total income was INR 5,667.00 million compared to INR 5,694.72 million for the same period a year ago. Profit for the period (continuing and discontinuing) was INR 649.33 million compared to INR 619.02 million for the same period a year ago. Basic earnings per share-continuing operations was INR 1.94 compared to INR 3.12 for the same period a year ago. Diluted earnings per share-continuing operations were INR 1.90 compared to INR 3.02 for the same period a year ago. Basic earnings per share-discontinuing operations were INR 1.34 compared to INR 0.08 for the same period a year ago. Diluted earnings per share-discontinuing operations were INR 1.31 compared to INR 0.08 for the same period a year ago. Basic earnings per share was INR 3.28 compared to INR 3.20 for the same period a year ago. Diluted earnings per share was INR 3.21 compared to INR 3.20 for the same period a year ago.
For the nine months, on consolidated basis, revenue from operations were INR 17,623.79 million compared to INR 16,863.83 million for the same period a year ago. Total income was INR 17,714.80 million compared to INR 17,031.06 million for the same period a year ago. Profit for the period (continuing and discontinuing) was INR 2,261.00 million compared to INR 1,777.69 million for the same period a year ago. Basic earnings per share-continuing operations was INR 8.72 compared to INR 6.55 for the same period a year ago. Diluted earnings per share-continuing operations were INR 8.48 compared to INR 6.33 for the same period a year ago. Basic earnings per share-discontinuing operations were INR 2.78 compared to INR 2.64 for the same period a year ago. Diluted earnings per share-discontinuing operations were INR 2.71 compared to INR 2.55 for the same period a year ago. Basic earnings per share was INR 11.50 compared to INR 9.19 for the same period a year ago. Diluted earnings per share was INR 11.19 compared to INR 8.88 for the same period a year ago.
For the quarter, on standalone basis, revenue from operations were INR 2,226.11 million compared to INR 2,132.22 million for the same period a year ago. Total income was INR 2,190.70 million compared to INR 2,114.32 million for the same period a year ago. Profit for the period (continuing and discontinuing) was INR 257.98 million compared to INR 486.47 million for the same period a year ago. Basic earnings per share-continuing operations was INR 0.97 compared to INR 1.37 for the same period a year ago. Diluted earnings per share-continuing operations were INR 0.95 compared to INR 1.32 for the same period a year ago. Basic earnings per share-discontinuing operations were INR 0.35 compared to INR 1.16 for the same period a year ago. Diluted earnings per share-discontinuing operations were INR 0.34 compared to INR 1.13 for the same period a year ago. Basic earnings per share was INR 1.32 compared to INR 2.53 for the same period a year ago. Diluted earnings per share was INR 1.29 compared to INR 2.45 for the same period a year ago.
For the nine months, on standalone basis, revenue from operations were INR 6,615.63 million compared to INR 5,977.99 million for the same period a year ago. Total income was INR 6,704.55 million compared to INR 6,157.58 million for the same period a year ago. Profit for the period (continuing and discontinuing) was INR 1,400.44 million compared to INR 1,140.09 million for the same period a year ago. Basic earnings per share-continuing operations was INR 4.03 compared to INR 2.98 for the same period a year ago. Diluted earnings per share-continuing operations were INR 3.92 compared to INR 2.87 for the same period a year ago. Basic earnings per share-discontinuing operations were INR 3.18 compared to INR 2.95 for the same period a year ago. Diluted earnings per share-discontinuing operations were INR 3.09 compared to INR 2.86 for the same period a year ago. Basic earnings per share was INR 7.21 compared to INR 5.93 for the same period a year ago. Diluted earnings per share was INR 7.01 compared to INR 5.73 for the same period 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.
KPIT Technologies Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018