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NIIT Technologies reports 9% fall in Q1 consolidated net profit

30 Jul 2020

NIIT Technologies has reported results for first quarter ended June 30, 2020.

The company has reported 2.87% fall in its net profit of Rs 108.40 crore for the quarter under review as against Rs 111.60 crore for the same quarter in the previous year. However, total income of the company increased 2.33% at Rs 654.60 crore for Q1FY21 as compared Rs 639.70 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 8.79% fall in its net profit attributable to owners at Rs 79.90 crore for the quarter under review as against Rs 87.60 crore for the same quarter in the previous year. However, total income of the company increased by 8.27% at Rs 1064.60 crore for Q1FY21 as compared Rs 983.30 crore for the corresponding quarter previous year.

 

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