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NIIT Technologies report 31% rise in Q3 net profit

Date: 15-01-2013

NIIT Technologies has reported results for third quarter ended December 31, 2012.

The company has reported 30.94% rise in its net profit at Rs 49.26 crore for the quarter as compared to Rs 37.62 crore for the same quarter in the previous year. Total income of the company has increased by 31.22% at Rs 286.55 crore for quarter under review as compared to Rs 218.37 crore for the quarter ended December 31, 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.