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NIIT Technologies has registered a consolidated net profit of Rs 85.8 crore, up 67.3 per cent, for the quarter ended June 2018. The company had reported a consolidated net profit of Rs 51.3 crore in the same period last year.
Consolidated revenue for the quarter increased 16.4 per cent to Rs 824.9 crore compared with Rs 708.9 crore last year.
Americas continued to be the largest revenue generator for the company in terms of geography at Rs 408.9 crore (almost 50 per cent) followed by Europe, Middle East and Africa (EMEA) at Rs 267.5 crore (30 per cent). It was followed by Asia Pacific and India at Rs 85.2 crore and Rs 63.3 crore, respectively.
The company witnessed a strong growth across geographies and verticals such as banking, insurance and transport due to increasing digital engagements, according to a press statement.
It also saw ramp up of top clients in the US and Europe. The company added five new clients in the US, three in EMEA and one in other markets. It took $151 million order for the quarter leading to $ 347 million of firm business executable over next 12 months.
As of June 2018, NIIT Technologies has 9,764 employees.
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