| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 98.11 | 8.2% |
| Total Income | 115.06 | 1.8% |
| Expenditure | 97.69 | 0.1% |
| PBT | 17.37 | 14.3% |
| Net Profit | 13.98 | 15.2% |
| OPM | -6.15% | 8.26pp |
| NPM | 12.24% | 0.39pp |
| EPS | 1.00 | 3.1% |
NIIT LTD. Reports Q3 FY'25 (October - December 2024) Results: Net Revenue at Rs. 981 million, Profit After Tax at Rs. 134 million
24 Jan 2025 · 24 Jan 2025, 06:37 pm
Summary
NIIT LTD., a leading skills & talent development corporation, announced its financial results for the third quarter ended December 31, 2024. The company recorded a Net Revenue of Rs. 981 million, up 8% QoQ and 15% YoY. EBITDA was recorded at Rs. 92 million. Profit After Tax was Rs. 134 million, up 13% QoQ. The growth was driven by advanced programs in enterprise architecture, delivery excellence, and GenAl across Technology, BFSI and Other programs.
Key Highlights
- 1
Q3 Revenue at Rs. 981 million, grows 15% YoY and 8% QoQ
- 2
EBITDA at Rs. 92 million
- 3
Profit After Tax at Rs. 134 million, up 13% QoQ
- 4
Growth driven by advanced programs in Technology, BFSI and Other programs
- 5
Commitment to create a future-ready workforce with innovative solutions and deep industry insights
Management Comments
Vijay K Thadani
Vice Chairman & Managing Director, NIIT Limited
Despite a challenging environment, the business has responded well with consistent double digit YoY growth over the last four consecutive quarters. This has been driven by swift actions that company took to expand its client base including GCCs, Tier II GSls, large private sector banks and leading Indian enterprises. The hiring environment remains volatile, and the business will continue to adapt to changing circumstances.
Rajendra S Pawar
Chairman and Co-Founder, NIIT Group
At NIIT, skilling individuals with industry relevant competences has always been at the core of our mission. As GenAl and other technologies transform work, we are committed to being a leading provider of quality training focused on outcomes and contribute towards shaping the future workforce
Informational and educational content only. Not investment advice.