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NIIT net profit declines 91.15% in the March 2013 quarter

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Capital Market
Net profit of NIIT declined 91.15% to Rs 3.83 crore in the quarter ended March 2013 as against Rs 43.27 crore during the previous quarter ended March 2012. Sales declined 36.83% to Rs 149.33 crore in the quarter ended March 2013 as against Rs 236.40 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 98.79% to Rs 1.16 crore in the year ended March 2013 as against Rs 96.25 crore during the previous year ended March 2012. Sales declined 13.10% to Rs 641.47 crore in the year ended March 2013 as against Rs 738.13 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales149.33236.40 -37 641.47738.13 -13 OPM %5.0718.44 -73 5.649.84 -43 PBDT28.4969.05 -59 86.1497.10 -11 PBT7.2451.07 -86 7.9028.70 -72 NP3.8343.27 -91 1.1696.25 -99

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First Published: May 23 2013 | 5:41 PM IST

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