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NIIT Ltd Q3 Net up 72% to Rs9.5 cr

NIIT Ltd Q3 Net up 72% to Rs9.5 cr
PTI
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First Published: Sat, Jan 23 2010. 03 42 PM IST
Updated: Sat, Jan 23 2010. 03 42 PM IST
New Delhi: IT education and training major NIIT Ltd on Saturday said that its consolidated net profit rose 72.72% to Rs9.5 crore for the third quarter ended 31 December, 2009, over the same period last year.
Total revenue rose to Rs283.6 crore for the quarter ended 31 December, against Rs278.9 crore in the same period previous fiscal, NIIT Ltd said.
“An improving market coupled with product innovation contributed to significant improvements in enrollments and order intake,” NIIT chairman Rajendra S. Pawar said.
Individual learning solutions recorded 11 per cent growth in net revenue year-on-year and 22% rise in enrollments.
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First Published: Sat, Jan 23 2010. 03 42 PM IST