NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company was established in 1981 to help the nascent IT industry overcome its human resource challenges.
Financial Results:
NIIT Ltd reported Revenues for Q1FY24 of ₹62.55 Crores down from ₹93.97 Crore year on year, a fall of 33.44%.
Total Expenses for Q1FY24 of ₹74.78 Crores down from ₹100.36 Crores year on year, a fall of 25.49%.
Consolidated Net Profit of ₹2.43 Crores from -₹4.56 Crores in the same quarter of the previous year.
The Earnings per Share is ₹0.16, from -₹0.48 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.