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NIIT - Quaterly Results

24 May 2024 Evaluate
The revenue zoomed 19.41% to Rs. 300.56 millions for the quarter ended March 2024 as compared to Rs. 251.71 millions during the corresponding quarter last year.The Total Profit for the quarter ended March 2024 of Rs. 93.58 millions grew from Rs.-105.78 millions Operating profit Margin for the quarter ended March 2024 improved to 135.45% as compared to -16.20% of corresponding quarter ended March 2023


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 300.56 251.71 19.41 1298.19 1574.46 -17.55 1298.19 1574.46 -17.55
Other Income 187.72 130.64 43.69 749.89 393.99 90.33 749.89 393.99 90.33
PBIDT 135.45 -16.20 -936.11 500.00 -30.86 -1720.22 500.00 -30.86 -1720.22
Interest 4.39 1.78 146.63 11.30 7.68 47.14 11.30 7.68 47.14
PBDT 131.06 -28.21 -564.59 485.79 -48.47 -1102.25 485.79 -48.47 -1102.25
Depreciation 33.39 26.51 25.95 117.77 106.36 10.73 117.77 106.36 10.73
PBT 97.67 -54.72 -278.49 368.02 -154.83 -337.69 368.02 -154.83 -337.69
TAX 4.09 51.06 -91.99 16.46 -11.06 -248.82 16.46 -11.06 -248.82
Deferred Tax 2.32 50.59 -95.41 2.89 -11.56 -125.00 2.89 -11.56 -125.00
PAT 93.58 -105.78 -188.47 351.56 -143.77 -344.53 351.56 -143.77 -344.53
Equity 270.14 269.14 0.37 270.14 269.14 0.37 270.14 269.14 0.37
PBIDTM(%) 45.07 -6.44 -800.22 38.52 -1.96 -2065.06 38.52 -1.96 -2065.06
Peers
Company Name CMP
NIIT Learning System 223.60
Aptech 87.90
NIIT 87.30
Excelsoft Tech. 79.48
Compucom Software 12.83
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