KPIT Technologies posts rise in Q1FY24 consolidated PAT to Rs. 133.99 crores

KPIT Technologies Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1119.130 crores during the period ended June 30, 2023 as compared to Rs. 1023.627 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 133.998 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 111.60 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 4.91 for the period ended June 30, 2023 as compared to Rs. 4.09 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 1119.130 crs	₹1023.627 crs	9.33%
Net Profit	₹133.998 crs	₹111.60 crs	20.07%
EPS	₹4.91	₹4.09	20.05%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 1119.130 crores during the period ended June 30, 2023 as compared to Rs.701.625 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.133.998 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.85.428 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.4.91 for the period ended June 30, 2023 as compared to Rs.3.13 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 1119.130 crs	₹701.625 crs	59.51%
Net Profit	₹133.998 crs	₹85.428 crs	56.85%
EPS	₹4.91	₹3.13	56.87%

Shares of KPIT Technologies Limited was last trading in BSE at Rs. 1056.60 as compared to the previous close of Rs. 1000.75. The total number of shares traded during the day was 191261 in over 11575 trades.

The stock hit an intraday high of Rs. 1081.00 and intraday low of 961.00. The net turnover during the day was Rs. 193394329.00.

Source : Equity Bulls

Keywords

KPITTechnologies Q1FY24 ResultUpdate