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NIIT Technologies reports 67% rise in Q1 consolidated net profit

18 Jul 2018 Evaluate

NIIT Technologies has reported results for first quarter ended June 30, 2018.

The company has reported a rise of 29.17% in its net profit at Rs 135.50 crore for the quarter under review as compared to Rs 104.90 crore for the same quarter in the previous year. Total income of the company increased by 14.22% at Rs 557.40 crore for Q1FY19 as compared Rs 488 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 67.25% in its net profit at Rs 85.80 crore for the quarter under review as compared to Rs 51.30 crore for the same quarter in the previous year. Total income of the company increased by 17.92% at Rs 846.90 crore for Q1FY19 as compared Rs 718.20 crore for the corresponding quarter previous year.

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