{"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":148167,"url":"https:\/\/alphastreet.com\/india\/nocil-limited-q4fy23-earnings-story\/","url_meta":{"origin":148140,"position":3},"title":"Nocil Limited Q4FY23 Earnings Story","author":"Karan_Singh","date":"June 2, 2023","format":false,"excerpt":"NOCIL Ltd., incorporated in 1961, is engaged in the manufacture of rubber chemicals which are used by the tyre industry and other rubber processing industries.\u00a0 Financial Results: Nocil Ltd. reported Total Income for Q4FY23 of \u20b9 393 Crores up from \u20b9 463 Crore year on year, a fall of 15%.Total\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\/iStock-582256640.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":148097,"url":"https:\/\/alphastreet.com\/india\/mmtc-limited-q4fy23-earnings-story\/","url_meta":{"origin":148140,"position":4},"title":"MMTC Limited Q4FY23 Earnings Story","author":"Karan_Singh","date":"June 2, 2023","format":false,"excerpt":"MMTC, a public sector undertaking, was incorporated in 1963, to facilitate foreign trade in India and canalize the export and import of essential minerals and metals. It is under the administrative control of the Ministry of Commerce & Industry, and Government of India and is engaged in trading across minerals,\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\/02\/iStock-1314352654.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-1314352654.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-1314352654.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":145829,"url":"https:\/\/alphastreet.com\/india\/medico-remedies-q4fy23-earnings-story\/","url_meta":{"origin":148140,"position":5},"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":[]}],"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}]}}