NIIT Technologies Q2 FY2019 PAT up 66.3% YoY

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Revenues grow 10% QoQ
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Q2 Highlights:
Robust revenue growth -- Revenues up 23.1% YoY and 10.0% QoQ
Strong improvement in Operating Profits, by 37.2% YoY and 25.1% QoQ

Operating Margins expand by 186 bps YoY and 217 bps QoQ
Fresh Order Intake expands to USD 160 Mn
Particulars
Qtr. Ended Qtr. Ended Growth Qtr. ended Growth
30-Sep-18 30-Jun-18
QoQ
30-Sep-17
YoY
Cr
Cr
Cr
Consolidated Revenues
907.4
824.9
10.0%
737.2
23.1%
Operating Profit
163.4
130.6
25.1%
119.1
37.2%
Operating Margin
18.0%
15.8%
217 bps
16.2%
186 bps
Profit After Tax
111.8
85.8
30.3%
67.2
66.3%

"The extremely robust 10% sequential revenue growth and the 217 bps sequential improvement in Operating Margin is a reflection of the new normal as we target predictable and fast scaling profitable growth," said Mr. Sudhir Singh, Chief Executive Officer, NIIT Technologies Ltd. "Broad based de-risked growth across all verticals and significant investments in building differentiated capability while simultaneously improving margin profile were the highlights of the quarter."
Acknowledgements:
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