Asia
KPIT Technologies' Consolidated Profit Declines in Fiscal Q4
KPIT Technologies' (NSE:KPITTECH, BOM:542651) consolidated attributable profit declined to 1.63 billion Indian rupees in the fiscal fourth quarter ended March 31, from 2.45 billion rupees a year ago.Earnings per share contracted to 5.95 rupees from 8.94 rupees a year earlier, the IT services provider said in a filing to the Indian bourses on Wednesday.Revenue from operations in fiscal Q4, however, increased to 17.1 billion rupees from 15.3 billion rupees a year ago.The company's board recommended a final dividend of 5.25 rupees per equity share of 10 rupees each for the financial year ended March 31.
BOM:542651NSE:KPITTECH