NIIT Tech Q4 net up 57%

Image
BS Reporter
Last Updated : Jan 21 2013 | 2:54 AM IST

NIIT Technologies on Wednesday posted a 57 per cent rise in net profit for the fourth quarter ended March 31, at Rs 41.3 crore, due to lower incidence of taxation and depreciation. Net profit was Rs 26.3 crore in the corresponding quarter a year earlier.

Consolidated revenues at Rs 239.2 crore were up five per cent from the Rs 227 crore posted in the corresponding quarter a year earlier.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 06 2010 | 1:12 AM IST

Next Story