NIIT Technologies net profit declines 32.49% in the March 2014 quarter

Sales rise 0.14% to Rs 322.11 crore

Net profit of NIIT Technologies declined 32.49% to Rs 31.25 crore in the quarter ended March 2014 as against Rs 46.29 crore during the previous quarter ended March 2013. Sales rose 0.14% to Rs 322.11 crore in the quarter ended March 2014 as against Rs 321.67 crore during the previous quarter ended March 2013.

For the full year,net profit rose 24.15% to Rs 208.40 crore in the year ended March 2014 as against Rs 167.86 crore during the previous year ended March 2013. Sales rose 18.06% to Rs 1308.48 crore in the year ended March 2014 as against Rs 1108.30 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales322.11321.67 0 1308.481108.30 18 OPM %16.5622.60 -18.3521.16 - PBDT48.6669.58 -30 312.55266.29 17 PBT38.0358.60 -35 270.53226.45 19 NP31.2546.29 -32 208.40167.86 24

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