Page 2 - Niit Technologies

NIIT Technologies Q1 net profit up 6% to Rs 89 cr in June quarter

Gross revenue rose 19.9 per cent to Rs 959.7 crore in the quarter under review from Rs 800.5 crore in the year-ago period

Hulst BV buys 160,000 shares of NIIT Technologies, boosts stake to 32.38%

The shares were bought at Rs 1,267.23 apiece on the 24th of May 2019

NIIT Tech Q4 net profit rises 22.5% to Rs 105.5 cr, revenue up Rs 972.2 cr

NIIT Technologies has also been very vocal about its strategy to hire senior-level talent from top-tier technology services firms under Singh

Will continue to put funds for firms that fit our strategy: NIIT Tech CEO

Day after private equity firm BPEA bought 30% stake in NIIT Technologies, CEO of the firm Sudhir Singh told Neha Alawadhi the consolidation with Hexaware would not happen for at least another 2 years

NIIT Technologies to acquire WHISHWORKS; sell 89% stake in Esri India

This transaction is expected to add to margin and earnings of NIIT Tech

NIIT Technologies net profit up 32.6% to Rs 100.2 cr in December quarter

The operating profit at Rs 180.5 crore marked the growth of 39.4 per cent over the same period last year and 10.4 per cent sequentially

NIIT Technologies gains 6% on healthy Q2 results

The stock moved higher by 6% to Rs 1,214 after the company reported a strong 29% sequential growth in its consolidated net profit at Rs 1,167 million in Q2FY19.

NIIT Technologies zooms 31% in one week as Q3 results beat estimates

The stock hit a new high of Rs 906, up 5% on BSE, extending its past four days gain on BSE

NIIT Technologies clocks 14 per cent net growth on better BFSI business

NIIT Technologies reported nearly 14 per cent growth in net profit to Rs 67.2 crore during the July-September quarter on revenues of Rs 737.2 crore. The company saw a better performance on the back of higher growth in banking, financial services and insurance (BFSI) segment, which accounted for 42 per cent revenue. During the corresponding period last year, NIIT Tech reported net profit of Rs 58.9 crore on revenues of Rs 692.9 crore. "Growth has come on the back of BFSI revenue and it saw sequential growth of 5.6 per cent against overall company growth of 4 per cent. BFSI has seen growth both in the US and Europe," said Arvind Thakur, CEO and Joint MD, NIIT Technologies, adding that the company's sharp focus on changing needs of BFSI clients resulted in a growth. The company's revenues from the US, which accounts for half of the business, grew 5.5 per cent sequentially. Business from Europe however declined by 4.8 per cent over first quarter of this year. NIIT Tech said its digital ..

NIIT net profit dips 10% to Rs 62 cr

Revenue up 2% to Rs 694 cr; Joel Lindsey, who was earlier with HP Enterprises, to drive digital biz

NIIT Tech Q2 net profit dips 9% to Rs 59 cr

Insurance business subdued due to Brexit impact, consolidated revenues up 2%