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07-25-2008, 09:07 PM
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Hike in Niit profits - Market update
NIIT has recorded a net revenue (on a consolidated basis) of Rs. 259.50 crore in the first quarter ended June 30, 2008, against Rs. 225.40 crore, a growth of 15 per cent. The operating profit grew by 29 per cent to
Rs. 18.70 crore from Rs. 14.50 crore and the profit after tax by 10 per cent to Rs. 17 crore from Rs. 15.4 crore. Global system-wide revenue stood at Rs. 366.40 crore against Rs. 293.50 crore, a growth of 25 per cent.      
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