Latest news with #NIITLearningSystems
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Business Standard
5 days ago
- Business
- Business Standard
NIIT MTS Q1 results: Profit dips 18% to ₹49.3 cr, revenue rises 11%
Corporate training solutions provider NIIT Learning Systems (NIIT MTS) on Wednesday reported a 17.8 per cent drop in its consolidated net profit at ₹49.3 crore for the June quarter, attributing the decline to sustained caution among corporate customers amid macroeconomic uncertainties. The company had logged a profit of ₹ 60 crore in the year-ago period, according to a regulatory filing. Revenue from operations for the first quarter of FY26 was 10.8 per cent higher at ₹451.3 crore, as compared to ₹407.2 crore in Q1 FY25. On a sequential basis, the company showed a 1.2 per cent rise in profit and a 5 per cent increase in revenue compared to the preceding March quarter. In its investor presentation, the company noted that economic uncertainty remains elevated. It stated that while inflation is stabilising, potential tariff escalations pose risks of renewed pressures, prompting caution among corporate clients. "Clients continue prioritising cost efficiency and productivity. Ongoing scrutiny of discretionary budgets amid macro uncertainty has resulted in sustained compression of training spends," it said. NIIT MTS added two new global Managed Training Services (MTS) clients and renewed three existing contracts during the quarter. With these additions, the company's total MTS client count stood at 95 at the end of June. The company's EBITDA for the quarter stood at ₹95.1 crore, a decline of 7 per cent year-on-year. Earnings Per Share (EPS) for the quarter were ₹3.62, compared to ₹4.4 in the corresponding quarter of the previous year.
Business Standard
5 days ago
- Business
- Business Standard
NIIT Learning Systems consolidated net profit declines 17.86% in the June 2025 quarter
Sales rise 10.83% to Rs 451.35 croreNet profit of NIIT Learning Systems declined 17.86% to Rs 49.30 crore in the quarter ended June 2025 as against Rs 60.02 crore during the previous quarter ended June 2024. Sales rose 10.83% to Rs 451.35 crore in the quarter ended June 2025 as against Rs 407.23 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 11 OPM %20.0323.58 -PBDT97.4198.15 -1 PBT79.3084.16 -6 NP49.3060.02 -18 Powered by Capital Market - Live News
Business Standard
13-06-2025
- Business
- Business Standard
NIIT Learning Systems named Databricks APJ Training Partner of the Year
NIIT Learning Systems announced that it has been named as the ATP APJ Training Partner of the Year by Databricks. Databricks, the leading Data and AI company, combines Apache Spark with Delta Lake to break down traditional data silos and deliver a unified platform for data engineering, machine learning, and data science at scale. Its global Partner Ecosystem, over 6,000 strong plays a pivotal role in delivering premier data and AI solutions. Each year, Databricks recognizes these collaborative efforts through the Databricks Partner Awards presented at the Data + AI Summit across 56 categories to honor outstanding partner achievements. NIIT earned the Databricks APJ Training Partner of the Year award for exceptional delivery of the core Databricks curriculum and leveraging a robust team of instructors specializing in Generative AI to serve customers across the APJ region. As an early and vital partner, NIIT played a key role in developing the Databricks Certified Instructor network, aligning with evolving customer demands to ensure high quality, impactful training.
Business Standard
14-05-2025
- Business
- Business Standard
NIIT Learning Systems consolidated net profit declines 10.51% in the March 2025 quarter
Sales rise 7.99% to Rs 429.71 crore Net profit of NIIT Learning Systems declined 10.51% to Rs 48.72 crore in the quarter ended March 2025 as against Rs 54.44 crore during the previous quarter ended March 2024. Sales rose 7.99% to Rs 429.71 crore in the quarter ended March 2025 as against Rs 397.91 crore during the previous quarter ended March 2024. For the full year,net profit rose 6.69% to Rs 227.50 crore in the year ended March 2025 as against Rs 213.24 crore during the previous year ended March 2024. Sales rose 6.42% to Rs 1653.26 crore in the year ended March 2025 as against Rs 1553.51 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 429.71397.91 8 1653.261553.51 6 OPM % 18.6524.34 - 21.4923.32 - PBDT 86.7496.56 -10 379.37361.47 5 PBT 70.0483.88 -16 317.47302.29 5 NP 48.7254.44 -11 227.50213.24 7
