NIIT Q4 profit rises 45% to Rs 67.4 cr

| | New Delhi
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NIIT Q4 profit rises 45% to Rs 67.4 cr

Wednesday, 25 May 2022 | PTI | New Delhi

Skills and talent development company NIIT on Tuesday reported a 45 per cent jump in its consolidated profit after tax to Rs 67.4 crore for the quarter ended in March 2022.

 The company had posted a profit after tax of Rs  46.5 crore in the same period a year ago.

 The consolidated net revenue of NIIT increased by 35 per cent to Rs 375 crore during the reported quarter from Rs 278.8 crore in the corresponding quarter of 2020-21.

 For the year ended in March 2022, NIIT posted a 58 per cent rise in its consolidated PAT to Rs 226.2 crore from Rs 143 crore in 2020-21.

 The annual net revenue of the company increased by 44 per cent to Rs 1,377.5 crore in 2021-22 from Rs 959.7 crore a year ago.      

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