NIIT MTS Q3 results: Net profit increases 9% to Rs 61.7 cr, revenue up 7%

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NIIT MTS Q3 results: Net profit increases 9% to Rs 61.7 cr, revenue up 7% - Business Standard

Quick Summary:

NIIT Learning Systems on Wednesday reported a nearly 9 per cent increase in consolidated net profit at Rs 61.7 crore in the quarter ended December 31, 2024.

Revenue from operations for the quarter under review came in at Rs 418.8 crore, up 7 per cent, from Rs 391.3 crore in the corresponding period of the previous fiscal.

"In a tough economic environment, NIIT MTS' strong value proposition is resonating with clients and prospects, resulting in wallet share improvement and new client acquisition.