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NIIT Technologies reports 42% fall in Q3 net profit

17 Jan 2017 Evaluate

NIIT Technologies has reported results for third quarter ended December 31, 2016.

The company has reported 41.92% fall in its net profit at Rs 28.31 crore for the quarter ended December 31, 2016, as compared to Rs 48.74 crore for the same quarter in the previous year. However, total income of the company increased by 0.82% to Rs 388.60 crore for the quarter under review from Rs 385.45 crore for the corresponding quarter of the previous year. 

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.

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