Coforge Ltd.

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NIIT Technologies’ Q2 consolidated net profit climbs 66%

Date: 17-10-2018

NIIT Technologies has reported results for second quarter ended September 30, 2018.

The company has reported a rise of 15.32% in its net profit of Rs 52.70 crore for the quarter under review as compared to Rs 45.70 crore for the same quarter in the previous year. Total income of the company increased by 17.60% at Rs 510.60 crore for Q2FY19 as compared Rs 434.20 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 66.37% in its net profit of Rs 111.80 crore for the quarter under review as compared to Rs 67.20 crore for the same quarter in the previous year. Total income of the company increased by 24.77% at Rs 930.00 crore for Q2FY19 as compared Rs 745.40 crore for the corresponding quarter previous year.