Press Release: KPIT Cummins to partner with Cummins Inc

   KPIT Cummins Infosystems Ltd. (BSE: 532400; NSE: KPIT), today announced
that its wholly owned BPO subsidiary, KPIT Cummins Global Business Solutions
(GBS), has reached an understanding to partner with  Cummins Inc.
to deliver Finance and Accounting (F&A) services to Cummins entities
worldwide.


*Highlights* * of the Quarter*


Ø*Total Revenue for the quarter, Q1 FY08, grew by 32.3% y-o-y to Rs. 1* *
352.917 ** Mn while Profits for the quarter grew by 22.59% y-o-y*

Ø*Offshore revenues grew by 44.78% over the same quarter previous year*

Ø*3.83% Sequential revenue growth in Rupee terms & 5.4% in USD terms*

Ø*KPIT Cummins to expand partnership with Cummins in F&A BPO area—this deal
will jumpstart the F&A BPO business. Expected revenues about 55+M USD over
next 5 years. *

Ø*7 new customers added during the quarter: 6 in Manufacturing & 1 in
Diversified Financial Services vertical, total # of active customers **goes
to: 97*

Ø*1 STAR Customer (Automotive) added during this quarter taking the total to
18 *

Ø* Number of employees added during the quarter is 345 taking the total
number to 3601*


Please find attached the 2 press releases and the excel sheet on the same.

*Warm Regards*
*Sarah Tharakan*

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