{"id":148140,"date":"2023-06-02T07:45:51","date_gmt":"2023-06-02T11:45:51","guid":{"rendered":"https:\/\/44.250.171.167\/?p=148140"},"modified":"2023-06-02T07:47:09","modified_gmt":"2023-06-02T11:47:09","slug":"niit-limited-q4fy23-earnings-story","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/niit-limited-q4fy23-earnings-story\/","title":{"rendered":"NIIT Limited Q4FY23 Earnings Story"},"content":{"rendered":"\n<p>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.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>NIIT Ltd. reported Total Income for Q4FY23 of \u20b9 60 Crores up from \u20b9 81 Crore year on year, a fall of 26%.<br><br><\/li><li>Operating Expenses for Q4FY23 of \u20b9 70 Crores up from \u20b9 61 Crores year on year, fall of 14%.<br><br>&nbsp;<\/li><li>Consolidated Net Profit of \u20b9 (9.4) Crores, down from \u20b9 67 Crores in the same quarter of the previous year.<br><br>&nbsp;<\/li><li>The Operating PBT is \u20b9 (3.4) Crores, down from \u20b9 2.7 Crores in the same quarter of the previous year.<\/li><\/ul>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/image-31.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"286\" height=\"386\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/image-31.png\" alt=\"\" class=\"wp-image-148144\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/image-31.png 286w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/image-31-222x300.png 222w\" sizes=\"auto, (max-width: 286px) 100vw, 286px\" \/><\/a><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 Total Income for Q4FY23 of \u20b9 60 Crores up from \u20b9 81 Crore year [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":142056,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,10444],"tags":[11424],"class_list":["post-148140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-others","tag-human-resources"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":147886,"url":"https:\/\/alphastreet.com\/india\/niit-limited-q4fy23-26-fall-in-revenues\/","url_meta":{"origin":148140,"position":0},"title":"NIIT Limited Q4FY23; 26% Fall in Revenues","author":"Karan_Singh","date":"May 31, 2023","format":false,"excerpt":"NIIT Limited\u2019s revenue in Q4FY23 fell 26% to \u20b9 60 crores. Consolidated Loss After Tax came at \u20b9 9.4 crores in Q4FY23.","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-1131326107.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-1131326107.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-1131326107.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-1131326107.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":156142,"url":"https:\/\/alphastreet.com\/india\/niit-ltd-q2fy24-57-rise-in-profits\/","url_meta":{"origin":148140,"position":1},"title":"NIIT Ltd Q2FY24; 57% rise in Profits","author":"Hardik Bhandare","date":"November 13, 2023","format":false,"excerpt":"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 Q2FY24 of \u20b981.00 Crores down from \u20b994.00\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-162.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-162.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-162.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-162.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-162.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-162.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152860,"url":"https:\/\/alphastreet.com\/india\/niit-ltd-q1fy24-33-fall-in-revenue\/","url_meta":{"origin":148140,"position":2},"title":"NIIT Ltd Q1FY24; 33% fall in Revenue","author":"Karan_Singh","date":"August 11, 2023","format":false,"excerpt":"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 \u20b962.55 Crores down from \u20b993.97\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-727.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-727.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-727.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-727.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-727.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-727.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":145829,"url":"https:\/\/alphastreet.com\/india\/medico-remedies-q4fy23-earnings-story\/","url_meta":{"origin":148140,"position":3},"title":"Medico Remedies Q4FY23 Earnings Story","author":"Karan_Singh","date":"May 11, 2023","format":false,"excerpt":"Medico Remedies is engaged in the business of Manufacture of allopathic pharmaceutical preparations. Financial Results: Medico Remedies Limited reported Total Income for Q4FY23 of \u20b9 28 Crores down from \u20b9 33 Crore year on year, a fall of 15%.Total Expenses for Q4FY23 of \u20b9 25.7 Crores down from \u20b9 30.6\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/science-lab_evotec_-Macrovector.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/science-lab_evotec_-Macrovector.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/science-lab_evotec_-Macrovector.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/science-lab_evotec_-Macrovector.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":145840,"url":"https:\/\/alphastreet.com\/india\/pds-limited-q4fy23-earnings-story\/","url_meta":{"origin":148140,"position":4},"title":"PDS Limited Q4FY23 Earnings Story","author":"Karan_Singh","date":"May 11, 2023","format":false,"excerpt":"PDS Ltd engages in the global selling of ready-made clothing of all sorts as well as the design, development, marketing, procurement, and distribution of other consumer goods. Financial Results: PDS Limited reported Total Income for Q4FY23 of \u20b9 2,742 Crores down from \u20b9 2,775 Crore year on year, a fall\u2026","rel":"","context":"In &quot;Consumer&quot;","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-158636434.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-158636434.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-158636434.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-158636434.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":148158,"url":"https:\/\/alphastreet.com\/india\/nmdc-limited-q4fy23-earnings-story\/","url_meta":{"origin":148140,"position":5},"title":"NMDC Limited Q4FY23 Earnings Story","author":"Karan_Singh","date":"June 2, 2023","format":false,"excerpt":"NMDC is engaged in exploration and production of Iron Ore along with Diamond, production and sale of Sponge Iron and generation and sale of Wind Power. Financial Results: NMDC Limited reported Total Income for Q4FY23 of \u20b9 5,843 Crores down from \u20b9 7,118 Crore year on year, a fall of\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/wind-power-plant-g63b042279_640.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/wind-power-plant-g63b042279_640.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/wind-power-plant-g63b042279_640.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/148140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=148140"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/148140\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/142056"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=148140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=148140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=148140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}