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NIIT Technologies’ Q2 net profit declines marginally by 0.64%

16 Oct 2012 Evaluate

NIIT Technologies has reported results for second quarter ended September 30, 2012.

On Standalone basis, the company has posted a marginal fall of 0.64% in its net profit at Rs 27.92 crore for the quarter ended September 30, 2012 as compared to Rs 28.10 crore for the same quarter in the previous year. However, total income has increased by 34.33% at Rs 256.40 crore for quarter under review as compared to Rs 190.87 crore for the quarter ended September 30, 2011.

NIIT Technologies is a leading IT solutions organization, servicing customers in North America, Europe, Middle East, Asia and Australia. It offers services in application development and maintenance, managed services, IP Asset or platform solutions, and business process outsourcing to organizations in the financial services, travel & transportation, manufacturing/distribution, healthcare and government sectors.

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