NIIT Q1 net profit at Rs 13.1 cr

PTI Updated - November 12, 2017 at 02:55 PM.

IT training services firm NIIT Ltd today reported a growth of 0.76 per cent in consolidated net profit to Rs 13.1 crore for the quarter ended June, 2011.

The company had registered a net profit of Rs 13 crore in the same period of the previous fiscal, NIIT Ltd said in a statement.

Revenues rose to Rs 321.2 crore in the first quarter of 2011, compared to Rs 278 crore in the corresponding year-ago period.

However, on a standalone basis, the company posted a net loss of Rs 10 crore for the April-June quarter, as against a profit of Rs 97 lakh in the same quarter of the previous fiscal.

Published on July 22, 2011 08:03