Tag: NIIT TECHNOLOGIES

NIIT Technologies reports strong order inflows, hires talent from Infosys

| Sreejiraj Eluvangal

NIT Technologies said third-quarter revenue increased 2.6% sequentially to Rs 756.5 Crores, an increase of 9% on year. Operating Margins expanded 97 bps sequentially to 17.1% as a result of growth in Digital engagements in US and EMEA. Operating profits expanded 8.7% on quarter and 11.4% on year to Rs 129.5 Crores. Net profit improved […]

NIIT Technologies Q1 revenue up 11%, operating profit up 35%

| Deepti Rajan

NIIT Technologies, an IT solutions organization, reported a revenue increase of 11% for the first quarter over the same period last year, at Rs 641.1 Crores. Operating Profits grew 34.5% over same period last year to rupee104.2 Crores and Profit after Tax expanded 35.5% to Rs 58.5 Crores. “The quarter witnessed robust 8.9% sequential growth […]