{"id":152860,"date":"2023-08-11T06:13:47","date_gmt":"2023-08-11T10:13:47","guid":{"rendered":"https:\/\/44.250.171.167\/?p=152860"},"modified":"2023-08-11T06:13:49","modified_gmt":"2023-08-11T10:13:49","slug":"niit-ltd-q1fy24-33-fall-in-revenue","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/niit-ltd-q1fy24-33-fall-in-revenue\/","title":{"rendered":"NIIT Ltd Q1FY24; 33% fall in Revenue"},"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<p>NIIT Ltd reported Revenues for Q1FY24 of \u20b962.55 Crores down from \u20b993.97 Crore year on year, a fall of 33.44%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b974.78 Crores down from \u20b9100.36 Crores year on year, a fall of 25.49%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b92.43 Crores from -\u20b94.56 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b90.16, from -\u20b90.48 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-727.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-727-839x1024.png\" alt=\"\" class=\"wp-image-152861\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-727-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-727-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-727-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-727-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-727.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\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 Revenues for Q1FY24 of \u20b962.55 Crores down from \u20b993.97 Crore year on year, a [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":0,"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":[105,12],"tags":[11424],"class_list":["post-152860","post","type-post","status-publish","format-standard","hentry","category-infographics","category-other-industries","tag-human-resources"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":156142,"url":"https:\/\/alphastreet.com\/india\/niit-ltd-q2fy24-57-rise-in-profits\/","url_meta":{"origin":152860,"position":0},"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":148140,"url":"https:\/\/alphastreet.com\/india\/niit-limited-q4fy23-earnings-story\/","url_meta":{"origin":152860,"position":1},"title":"NIIT Limited Q4FY23 Earnings Story","author":"Karan_Singh","date":"June 2, 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 Total Income for Q4FY23 of \u20b9 60 Crores up\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"Indegene","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":147886,"url":"https:\/\/alphastreet.com\/india\/niit-limited-q4fy23-26-fall-in-revenues\/","url_meta":{"origin":152860,"position":2},"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":152734,"url":"https:\/\/alphastreet.com\/india\/banka-bioloo-ltd-q1fy24-14-fall-in-revenue\/","url_meta":{"origin":152860,"position":3},"title":"Banka Bioloo Ltd Q1FY24; 14% fall in Revenue","author":"Divyansh_Kasana","date":"August 11, 2023","format":false,"excerpt":"Incorporated in 2012, Banka Bioloo Ltd provides sanitation infrastructure and turnkey, human waste management solutions and services. It also provides sanitation operations and maintenance (O&M) services to the Indian Railways. Financial Results: Banka Bioloo Ltd reported Revenues for Q1FY24 of \u20b98.11 Crores down from \u20b99.39 Crore year on year, a\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-687.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-687.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-687.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-687.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-687.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-687.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":130593,"url":"https:\/\/alphastreet.com\/india\/niit-research-tear-sheet-q4-fy-2022\/","url_meta":{"origin":152860,"position":4},"title":"NIIT Research Tear sheet Q4 FY 2022","author":"sreerupa","date":"June 10, 2022","format":false,"excerpt":"NIIT is an Indian multinational and a talent development company. It is headquartered in Gurgaon, India. It was incorporated in the 1981. The founders are Rajendra S. Pawar and Vijay K. Thadani. NIIT is focused on imparting training to individual and institutions. It is one of the world's leading training\u2026","rel":"","context":"In &quot;Research Summary&quot;","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/06\/image-4.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/06\/image-4.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/06\/image-4.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/06\/image-4.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":154312,"url":"https:\/\/alphastreet.com\/india\/archies-ltd-q1fy24-22-fall-in-revenue\/","url_meta":{"origin":152860,"position":5},"title":"Archies Ltd Q1FY24; 22% fall in Revenue","author":"Hardik Bhandare","date":"August 18, 2023","format":false,"excerpt":"Incorporated in 1990, Archies Ltd is a retailer of greeting cards, gifts and stationery items Financial Results: Archies Ltd reported Revenues for Q1FY24 of \u20b915.01 Crores down from \u20b919.14 Crore year on year, a fall of 21.58%. Total Expenses for Q1FY24 of \u20b917.52 Crores down from \u20b923.14 Crores year on\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-1202.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1202.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1202.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1202.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1202.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1202.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/152860","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=152860"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/152860\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=152860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=152860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=152860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}