KPIT Cummins, an IT consulting and specialist solutions partner to global manufacturing corporations announced a marginal 1.6 per cent growth in net profit at Rs 51.28 crore in the financial year 2008.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>Net profit in the fourth quarter of the financial year of the IT service provider has eroded sharply by 26.06 per cent y-o-y at Rs 10.39 crore despite a phenomenal 26.51 per cent growth in turnover at Rs 164.84 crore. </P>
</p><p class='TableClas'>KPIT has painted a glossy picture for the next year whereby the net profit is estimated to grow by 27-31 per cent between Rs 65-67 crore on a turnover of Rs 740-760 crore. </P></p><p class='TableClas'></p></table>


KPIT Cummins net up 1.6% at Rs 51.28 cr

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