K P I T Technologies disclosed a steady growth in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 16.83% to Rs 335.04 million from Rs 286.78 million in the same quarter previous year.
Net sales for the quarter rose 19.36% to Rs 2,273.49 million, compared with Rs 1,905 million for the prior year period.
Earnings per share for the quarter stood at Rs 1.57, registering 8.28% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 2,273.49 | 1,904.72 | 19.36 |
| Net Profit | 335.04 | 286.78 | 16.83 |
| Basic EPS | 1.57 | 1.45 | 8.28 |
Shares of the company declined Rs 2.8, or 1.58%, to settle at Rs 174.65. The total volume of shares traded was 69,927 at the BSE (Tuesday).
