MoneyWorks4Me

NIIT Technologies reports 33% rise in Q3 consolidated net profit

18 Jan 2019 Evaluate

NIIT Technologies has reported results for third quarter ended December 31, 2018.

The company has reported a rise of 20% in its net profit at Rs 47.40 crore for the quarter under review as compared to Rs 39.50 crore for the same quarter in the previous year.Total income of the company increased by 27.04% at Rs 527.10 crore for Q3FY19 as compared Rs 414.90 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 32.54% in its net profit at Rs 100.20 crore for the quarter under review as compared to Rs 75.60 crore for the same quarter in the previous year. Total income of the company increased by 27.51% at Rs 973.30 crore for Q3FY19 as compared Rs 763.30 crore for the corresponding quarter previous year.

Peers
Company Name CMP
TCS 2083.95
Infosys 1000.95
HCL Technologies 1259.40
Wipro 164.15
Tech Mahindra 1547.00
View more..