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NIIT FY09 net profit dips 7.67% to Rs69.8 cr, declares dividend

NIIT FY09 net profit dips 7.67% to Rs69.8 cr, declares dividend
PTI
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First Published: Wed, May 27 2009. 03 56 PM IST
Updated: Wed, May 27 2009. 03 56 PM IST
Mumbai: Software training firm NIIT on Wednesday said its consolidated net profit for the year ended 31 March 2009, declined by 7.67% to Rs69.8 crore, over the same period last year.
The company had a consolidated net profit (income attributable to consolidated group) of Rs75.6 crore for the year ended March 2008, NIIT said in a filing to the Bombay Stock Exchange.
Net sales of the company stood at Rs1,148.56 crore for the period under review, from Rs1,006.83 crore for the same period ended March 2008.
The company has added 4,278 new schools with an order intake of Rs332 crore for the fiscal year ended March 2009.
The board of directors of the company has declared a dividend of Rs1.30 per equity share on face value of Rs2 each for the fiscal year 2008-2009.
Shares of NIIT were trading at Rs50.70, up 6.85% on the BSE.
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First Published: Wed, May 27 2009. 03 56 PM IST
More Topics: Company Results | NIIT | Profits | Technology | Sales |