NIIT Technologies reports 0.8% rise in Q1 net profit

20 Jul 2011 Evaluate

NIIT Technologies reported 0.8% increase in consolidated net profit to Rs 41.2 crore for the quarter ended June 30, 2011 against Rs 40.8 crore in Q1 of the last fiscal. Total income of the company is up by 12.8% at Rs 328.8 crore for the quarter ended June 30, 2011, compared to Rs 291.4 crore for the same quarter of FY11.

In Q1 of FY12, the company made a net addition of 459 employees, taking its total headcount to 6,265. This addition of employees in the quarter was the highest that the company has made in any quarter.

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