NIIT Tech net up 7% at Rs36.7 cr

NIIT Tech net up 7% at Rs36.7 cr

New Delhi: NIIT Technologies announced a consolidated net profit of Rs36.7 crore for the second quarter ended 30 September, a 7% growth over the corresponding period a year-ago.

The software firm had a net profit of Rs34.4 crore in the second quarter of FY’08, NIIT Technologies said.

The total revenue rose 13% to Rs258.70 crore for the quarter under review against the year-ago period.

The firm’s operating profit increased by 8% in the second quarter to Rs45.8 crore.

The company added five new customers, while it booked $75 million of new business during the quarter.