NIIT Technologies Q2 FY'20 Revenue up 19% YonY

/ -- NIIT Technologies Limited (NSE: NIITTECH), a leading global IT solutions organization, today announced its financial results for Q2 FY2019-20. The Company has reported consolidated revenue of ?1038.5 crore and net profit of ?119.5 crore for Q2 FY'20.

Q2 Highlights: Revenues grew 19% YonY and 8.2% QonQ Profit after taxes were up 12.2% YonY and 17.0% QonQ Order intake of US$ 176 mn, marking the 10th consecutive quarter of sequential increase in order intake The Board recommends an interim dividend of Rs 10 per share as interim dividend. The record date for this payout will be 5th November 2019. Quarter performance at a glance*
Particulars
Qtr ended
Qtr ended
Growth
30-Sep-18
30-Sep-19
YoY
Rs Cr
Rs Cr
Consolidated Revenues
872.3
1038.5
19.0%
EBITDA
155.4
189.8
22.2%
EBITDA Margin
17.8%
18.3%
47 bps
Profit After Tax
106.5
119.5
12.2%
*The numbers above are for continuing operations (excl ESRI business)
Acknowledgments:
A TBR Perspective on Transform at the intersect - NIIT Technologies and the near future of Digital and Post-digital Transformation A special blog by NelsonHall on how NIIT Technologies Delivers Digital Transformation with Capacity & Capability at Speed and Scale HfS Research PoV on Change the game with verticalized AI: NIIT Technologies' unique play as a post-digital firm About NIIT Technologies
For further information, please visit www.niit-tech.com
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