KPIT Cummins Q1 net up 4 p.c.

PUNE: KPIT Cummins Infosystems Ltd, a global IT consulting firm, reported a growth of 4 per cent sequentially in consolidated revenues to Rs. 69.96 crore in Q1 FY06.

On a year on year basis, consolidated revenues grew by 14.95 per cent compared to compared to Rs 60.86 crore during the same period a year ago.

Net profit showed a slight increase to Rs 6.39 crore from Rs 6.14 crore in Q1FY05. The earning per share (basic, post share split) stood at Rs 4.54 for the quarter.