NIIT Ltd on Wednesday announced a consolidated net profit of ₹0.6 crore in the first quarter of this fiscal as against a loss of ₹9.4 crore in the corresponding quarter last fiscal.
Net revenue for the first quarter of this fiscal stood at ₹225.3 crore, just 1.39 per cent higher compared with ₹222.2 crore in the same period last fiscal.
Corporate Learning Solutions recorded net revenue of ₹111.3 crore during the quarter, while Career Building Solutions recorded net revenue of ₹72.6 crore, the company said in a statement. Also, School Learning Solutions registered net revenue of ₹39.4 crore during the quarter, adding 129 private schools to its portfolio.