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-23.85 (-1.38%) NIIT Technologies reports 70% fall in Q1 net profit
Date: 15-07-2016NIIT Technologies has reported results for first quarter ended June 30, 2016.
The company has reported a fall of 70.22% in its net profit at Rs 21.40 crore for the quarter ended June 30, 2016 as compared to Rs 71.87 crore for the same quarter in the previous year. The company’s total income has decreased by 3.18% to Rs 382.26 crore for the quarter under review from Rs 394.81 crore for the corresponding quarter of the previous year.
NIIT Technologies is a leading global IT solutions organization, servicing customers in Americas, Europe, Middle East, Asia and Australia. It offers services in Application Development and Maintenance, Infrastructure Management Services, IP Asset or Platform Solutions, and Business Process Management to organizations.