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NIIT Technologies reports 61% rise in Q1 net profit

14 Jul 2015 Evaluate

NIIT Technologies has reported results for first quarter ended June 30, 2015.

The company’s net profit for the quarter jumped by 61.24% at Rs 72.27 crore as compared to Rs 44.82  crore for the quarter ended June 30, 2014. The company’s total income has increased by 14.35% at Rs 393.64 crore for the quarter under review as compared to Rs 344.25 crore for the corresponding quarter of the previous fiscal.

NIIT Technologies is a leading global IT solutions organization, servicing customers in Americas, Europe, Middle East, Asia and Australia. It offers services in Application Development and Maintenance, Infrastructure Management Services, IP Asset or Platform Solutions, and Business Process Management to organizations.

Peers
Company Name CMP
TCS 2085.75
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Wipro 163.05
Tech Mahindra 1546.55
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