investor update for quarter ended 31st december 2006 key ... - KPIT

KPIT Cummins Infosystems LimitedRevenues & Gross Profits (Rs Mn)1,2001,0008006004002000617.45625.75672.71699.62776.83804.07901.621,022.651,140.261,171.0737.33% 37.32% 37.31%37%36.62%36%35.34%35%34.52%34.64%34.19% 34.27%33.97%34%211.09214.46232.20237.69269.06284.12330.13381.70425.49436.9038%33%32%Gross Profit Margins (%)Q2FY05Q3FY05Q4FY05Q1FY06Q2FY06Q3FY06Q4FY06Q1FY07Q2FY07Q3FY07 During the quarter, the Company strengthened its selling and marketing team. As aresult, Selling and Marketing (S&M) expenses for the quarter increased by 6.00%over the previous quarter to Rs. 129.78 Million, as compared to Rs. 122.44 Millionin Q2FY07. As compared to the corresponding period of the previous year, S&Mexpenses have grown by 58.87%. S&M expenses for the quarter constituted 11.08%of the total revenue. General and Administrative (G&A) expenses for the quarter were Rs. 128.64Million, as compared to Rs. 126.62 Million in Q2FY07 and Rs. 86.14 Million inQ3FY06. G&A expenses have grown by 1.59% q-o-q and 49.34% y-o-y. G&A expensesaccounted for 10.98% of revenues. SG&A expenses, on an aggregate basis have grown by 3.76% q-o-q and 53.98% y-o-yto Rs. 258.42 Million for the quarter. EBITDA for the quarter was Rs. 178.48 Million, a growth of 53.47% y-o-y and 1.16%sequentially. Interest and Depreciation expenses for the quarter were Rs. 39.72 Million – agrowth of 5.24% q-o-q and 43.93% y-o-y. Depreciation expenses were marginallylower than that in the previous quarter. Interest and depreciation expenses as apercentage of revenues were 3.39% for the quarter as compared to 3.31% in theprevious quarter. Profit before taxes (PBT) for the quarter was Rs. 139.65 Million, a growth of 57.34%y-o-y. Consolidated Net Profit after taxes (PAT) for the quarter was Rs. 137.23 Million, agrowth of 65.85% y-o-y and 11.14% sequentially.Q3 FY07 Investor Update Page 6 of 12